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

Atlas Technical Consultants Inc ATCX has secured an ~$18 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.