- Bowman Consulting Group Ltd BWMN has received a $10 million task order contract award with the Cook County Department of Transportation and Highways in Illinois relating to the County's Pavement Preservation and Rehabilitation program (PPR).
- The company will provide construction management services to include engineering and inspection services on a sole-source, task order basis for pre-construction, construction, and post-construction phases of the PPR.
- The award is for three years with two one-year renewal and extension options for the County.
- The company expects revenue associated with PPR project to increase slowly during the remainder of 2021, with most of the spending coming in 2022 and 2023.
- Price action: BWMN shares are trading lower by 0.03% at $13.94 on the last check Wednesday.
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