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Bowman Awarded Multi-Year Contract by City of Montebello for On-Call Engineering Services

1. BWMN secured a $6 million contract with Montebello, enhancing revenue potential. 2. The deal could extend to five years, yielding up to $10 million.

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Why Bullish?

The contract enhances BWMN's revenue stream and market position. Historical contracts of similar scale have positively influenced stock prices.

How important is it?

The significant contract represents a strong revenue boost, which is crucial for BWMN's growth strategy.

Why Long Term?

The contract guarantees stable revenue over three years, with optional extensions providing further growth. Similar past contracts have led to consistent financial performance.

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RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services firm, has been awarded a $6 million on-call design and engineering services contract with the City of Montebello, California. The three-year agreement will generate $2 million annually and includes two optional one-year extensions, creating the potential for a five-year partnership worth up to $10 million. Under the contract, Bowman will provide design and engineering services to support M.

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