Bowman Consulting Group secures a multi-year contract for flood control project in Cook County, enhancing its public sector portfolio.
Quiver AI Summary
Bowman Consulting Group Ltd. has been awarded a multi-year contract by the Metropolitan Water Reclamation District of Greater Chicago, marking its first partnership with the agency and a significant step in managing regional stormwater projects. The contract involves leading final design and permitting services for the Central Road flood control project, which includes improvements such as new storm sewers and a stormwater detention basin, with total construction costs estimated at $30 million. This project is part of Bowman's strategy to enhance its public infrastructure portfolio and increase long-term public-sector revenue. CEO Gary Bowman emphasized the company's focus on organic growth and the importance of expanding its base of multi-phase public assignments to improve service delivery to large infrastructure systems.
Potential Positives
- Bowman Consulting Group has been awarded a significant multi-year contract with the Metropolitan Water Reclamation District of Greater Chicago, enhancing its credibility and visibility in the public infrastructure sector.
- This contract marks Bowman's first engagement with MWRD, indicating successful entry into a new, large market for potential future projects.
- The award expands Bowman's public infrastructure backlog, supporting its strategy to grow organic, long-duration public-sector revenue.
- The project includes comprehensive management of a $30 million flood control improvement project, demonstrating Bowman's capability to handle large-scale infrastructure assignments.
Potential Negatives
- None
FAQ
What contract has Bowman Consulting Group recently been awarded?
Bowman Consulting Group has been awarded a multi-year contract by the Metropolitan Water Reclamation District of Greater Chicago for flood control services.
What is the focus of the Central Road flood control project?
The Central Road flood control project focuses on final design and permitting for stormwater improvements, including new storm sewers and a detention basin.
How will this contract impact Bowman's public infrastructure backlog?
This contract will expand Bowman's public infrastructure backlog and supports its strategy for organic growth in public-sector revenue.
What is Bowman's CEO's statement on the contract win?
Gary Bowman, the CEO, stated that the assignment enhances long-term visibility and supports cross-selling of services for large infrastructure systems.
What services will Bowman provide for the Central Road project?
Bowman will provide design, permitting, stakeholder coordination, environmental analysis, and preparation of design plans and specifications for the project.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BWMN Insider Trading Activity
$BWMN insiders have traded $BWMN stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.
Here’s a breakdown of recent trading of $BWMN stock by insiders over the last 6 months:
- GARY BOWMAN (Chief Executive Officer) has made 0 purchases and 6 sales selling 60,000 shares for an estimated $2,398,120.
- BRUCE J LABOVITZ (Chief Financial Officer) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $856,700.
- STEPHEN A RIDDICK sold 3,000 shares for an estimated $123,120
- DANIEL SWAYZE (Chief Operating Officer) sold 1,350 shares for an estimated $55,795
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$BWMN Revenue
$BWMN had revenues of $126M in Q3 2025. This is an increase of 10.62% from the same period in the prior year.
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$BWMN Hedge Fund Activity
We have seen 72 institutional investors add shares of $BWMN stock to their portfolio, and 46 decrease their positions in their most recent quarter.
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- PERRITT CAPITAL MANAGEMENT INC removed 680,398 shares (-96.6%) from their portfolio in Q3 2025, for an estimated $28,821,659
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$BWMN Analyst Ratings
Wall Street analysts have issued reports on $BWMN in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B. Riley Securities issued a "Buy" rating on 08/29/2025
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$BWMN Price Targets
Multiple analysts have issued price targets for $BWMN recently. We have seen 3 analysts offer price targets for $BWMN in the last 6 months, with a median target of $50.0.
Here are some recent targets:
- Tomohiko Sano from JP Morgan set a target price of $40.0 on 01/09/2026
- Jeff Martin from Roth Capital set a target price of $50.0 on 12/09/2025
- Alex Rygiel from B. Riley Securities set a target price of $55.0 on 08/29/2025
Full Release
RESTON, Va., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, announced today that it has been awarded a multi-year contract by the Metropolitan Water Reclamation District of Greater Chicago (MWRD), one of the largest stormwater and wastewater treatment management agencies in the world, serving over 5.2 million residents across 883 square miles of Cook County, Illinois.
As one of its most significant regional stormwater assignments to date and its first contract with MWRD, Bowman will lead final design and permitting services for the Central Road flood control project in Cook County. The award expands the company’s public infrastructure backlog, and supports its strategy to grow organic, long-duration public-sector revenue. The win adds to Bowman’s growing portfolio of the region’s largest infrastructure projects, including the DuPage WaterLink Pipeline, I-80, I-55, I-90 roadway improvements and the award-winning Mile Long Bridge reconstruction.
“We continue our deliberate efforts toward organic growth of public agency revenue across the country,” said Gary Bowman, founder and CEO of Bowman. “This growing base of multi-phase public assignments enhances long-term visibility and facilitates cross-selling of integrated services to owners and operators of large, complex infrastructure systems.”
The assignment includes final design and permitting for flood control improvements in Cook County including new trunk and lateral storm sewers and a 100-acre-foot stormwater detention basin. Total construction costs are estimated at $30 million, under which Bowman will lead all aspects of the project, including stakeholder coordination, survey, geotechnical, hydrology and hydraulic modeling, environmental analysis, permitting and preparation and coordination of the development of required design plans, specifications and estimates. Design elements include roadway removal and reconstruction, drainage and utilities, detention basin, maintenance of traffic, earthwork, sediment and erosion control, structural elements and pavement marking and signing.
About Bowman Consulting Group Ltd.
Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure, technology and project management solutions to customers who own, develop and maintain the built environment. With over 2,500 employees and 100 U.S. offices, Bowman provides extensive planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit
bowman.com
or
investors.bowman.com
.
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