Bowman Secures $3.8M in Water Resource Contracts
Bowman Secures $3.8M in Water Resource Contracts
Wins support Bowman’s organic growth in water resources market
RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, has been awarded two major water resource contracts in rural Colorado totaling $3.8 million, including a complete collection system rehab and various water system improvements. These contracts underscore the company’s rapid expansion in the water/wastewater sector through organic growth and strategic acquisition and showcase the company’s ability to secure and service major infrastructure projects.
These contracts underscore the company’s rapid expansion in the water/wastewater sector through organic growth and strategic acquisition, and showcase the company’s ability to secure and service major infrastructure projects.
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With a combined construction value of nearly $40 million, Bowman will oversee the full project lifecycle for both assignments, from design through construction oversight, while also providing inspection and survey services.
The collection system rehabilitation assignment includes extensive upgrade design, including replacing 73,000 linear feet of sewer main, installing 15,000 linear feet of cured-in-place piping, rehabilitating approximately 270 manholes and upgrading two lift stations. Meanwhile, the water system improvement project will enhance the capacity of a rural drinking water system and encompasses the construction of a 450,000-gallon elevated storage tank and the installation of nearly 14,000 linear feet of new water lines.
“These assignments underscore our deep expertise in revitalizing and improving aging water and wastewater infrastructure,” said Gary Bowman, chairman and CEO of Bowman. “Awards like these build on our strong client relationships and subject matter expertise, and they demonstrate the long-term rewards of our strategic growth strategy. As municipalities invest in modernizing their critical systems, Bowman remains well-positioned to provide innovative engineering solutions and program management services that drive long-term value.”
Bowman’s relationships with both clients span years of collaboration, including delivering reports, analyses and support for master plans. This history of successful partnership positions Bowman as the preferred engineering partner for future infrastructure initiatives in both communities, aligning with the company’s strategy to capture recurring revenue streams and expand its market share in municipal water and wastewater services.
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 2,300 employees in more than 100 locations throughout the United States, 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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