Atlas awarded major environmental capital construction support service contract with los angeles metro

Austin, texas, may 03, 2022 (globe newswire) -- atlas technical consultants, inc. (nasdaq: atcx) (“atlas” or the “company”), a leading infrastructure and environmental services provider, announced today that it is one of several firms selected to provide environmental capital construction support services for the los angeles county metropolitan transportation authority's (metro) major transit capital projects, other capital projects, or metro property improvements. the bench task order contract is valued at $85.90 million with $82.65 million for a three-year term, with an additional one-year option of $1.65 million and a $1.60 million option for the second year. atlas currently expects to book at least $12 million related to this contract, with the potential for additional bookings as work is released and approved by the customer over the contract term.
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