Primoris Services Corporation announced the award of a Limited Notice to Proceed (“LNTP”) for a new solar project with an initial value of $19 million and an anticipated final contract value over $200 million. The contract was secured by the Company’s Energy Segment. The LNTP is for the initial engineering work on a utility-scale solar facility in the Southeast region of the United States. The issuance of LNTPs which support the initial engineering, site investigation, long-lead procurement items and cost optimization activities for utility-scale projects are common for the Company’s customers. Historically, Primoris’ LNTP’s, for solar projects, have resulted in contracts for the entire project. Primoris will only include the $19 million for the LNTP in the Company’s backlog and will not include the entire contract value until the final contract is fully executed. The initial phase of work will commence in the second quarter of 2021, with construction on the project anticipated to be complete by the end of 2022.