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Atlas Bags $18M A&E Contract From FHWA-Central Federal Lands Highway Division

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  • Atlas Technical Consultants Inc (NASDAQ: ATCX) has secured an ~ million IDIQ contract to provide onsite construction inspection and contract administration Architectural and Engineering (A&E) services.

  • The five-year contract was awarded by the Central Federal Lands Highway Division (CFLHD), a Division of the Federal Lands Highway Office of the Federal Highway Administration (FHWA).

  • Alta Vista Solutions will provide post-award onsite construction management and inspection support services for transportation-related construction projects within the 14 states of the CFLHD region, which includes some of the most visited and largest National Parks and forests.

  • This contract has added significance due to the passing of the $1.9 billion Great American Outdoors Act (GAOA), a multi-year funding program for National Parks, U.S Forest, and Federal Land Management (FLM) areas.

  • Price Action: ATCX shares are trading lower by 4.31% at $10.21 on the last check Wednesday.

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