Bowman Consulting Bags $10M Task Order With Cook County Department Of Highways

July 14, 2021 9:36 AM | 1 min read | Make a Comment

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.

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.