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Atlas Selected for Five-Year, $18 Million A&E Contract with FHWA-Central Federal Lands Highway Division

AUSTIN, Texas, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading Infrastructure and Environmental solutions provider, announced today it was awarded an approximately $18 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract to provide onsite construction inspection and contract administration Architectural and Engineering (A&E) services. The 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). Atlas, through its acquired company, 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 most of the central and western United States.

“This is Atlas’ second consecutive IDIQ contract with the CFLHD since 2014,” said Atlas CEO L. Joe Boyer. “This award is further confirmation of our strategic growth plan to become the leading firm to provide quality assurance, reliability and predictability throughout the life cycle of a project. This contract provides us with an opportunity to build upon our proven track record and deliver construction, engineering and inspection (CE&I) support that honors the FHWA mission and the communities it serves.”

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. GAOA was passed to address critical maintenance and infrastructure needs, including repair and improvements of trails, roads, and bridges. CFLHD provides transportation engineering and contract administration in a 14-state region, which includes some of the most visited and largest National Parks and forests.

“Alta Vista was awarded its previous contract as a small business entity, but graduated to a large business designation during the execution of the contract,” said Patrick Lowry, former President of Alta Vista. “We are immensely proud of the services and unmatched professional expertise of our staff and grateful that CFLHD recognized our great work both through their Contractor Performance Assessment Reporting System (CPARS) and the award of this new contract. Our comprehensive training program and disciplined approach to reliable quality assurance was instrumental in the recompete of this contract. Our team is eager to continue supporting CFLHD in the administration and inspection of many of their much-needed transportation projects.”

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About Atlas Technical Consultants

Headquartered in Austin, Texas, Atlas is a leading provider of Environmental (ENV), Testing, Inspection & Certification (TIC), Engineering & Design (E&D), and Program, Construction, and Quality Management (PCQM) services. Under the name Atlas Technical Consultants, we offer solutions to public and private sector clients in the transportation, commercial, water, government, education, and industrial markets. With approximately 3,600 employees and a nationwide footprint, Atlas provides a broad range of mission-critical technical services, helping clients test, inspect, certify, plan, design, and manage a wide variety of projects across diverse end markets. For more information, go to https://www.oneatlas.com.

Forward-Looking Statements

The statements contained in this press release that are not purely historical are forward-looking statements. Our forward-looking statements include, but are not limited to, statements regarding our or our management team’s expectations, hopes, beliefs, intentions or strategies regarding the future. The information included in this press release in relation to Atlas has been provided by Atlas and its management team, and forward-looking statements include statements relating to Atlas’ management team’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us and are based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: (1) the effect, impact, potential duration or other implications of the COVID-19 pandemic and any expectations we may have with respect thereto; (2) the risk that our actual results may differ from the guidance we have provided; (3) the ability to recognize the anticipated benefits of our past acquisitions, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain management and key employees; (4) changes adversely affecting the business in which we are engaged; (5) changes in applicable laws or regulations; (6) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; and (7) other risks and uncertainties indicated from time to time in the Company’s filings with the U.S. Securities and Exchange Commission, including those under “Risk Factors” therein.

Contacts:

Media
Karlene Barron
770-314-5270
karlene.barron@oneatlas.com

Investor Relations
512-851-1507
ir@oneatlas.com