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Bowman Awarded $4.2 Million Transportation Contract in Illinois

1. BWMN secured a $4.2 million contract for road reconstruction in Illinois. 2. The project is part of a larger $24 million infrastructure initiative.

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Why Bullish?

Securing significant contracts positively affects revenue and market perception. Historically, similar wins have contributed to stock price increases in engineering firms.

How important is it?

The $4.2 million contract represents a substantial project, likely enhancing BWMN's financial outlook and investor sentiment.

Why Short Term?

Immediate revenue contributions from this contract are expected. Previous contract announcements resulted in quick market reactions.

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AECOMWSPCDM Smith
RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, announced today that the Will County Board of Commissioners has awarded the company a $4.2 million construction engineering contract for the reconstruction of the Bell Road and 143rd Street intersection in Homer Glen, Illinois. The $24 million infrastructure project spans 1.8 miles and includes a full pavement rebuild, construction of five cast-in-place and seg.

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