Bowman Consulting Group Ltd. secures multi-year contract with MWRD for Central Road flood control project in Cook County. Bowman Consulting Group secures a multi-year contract for flood control project in Cook County, enhancing its public sector portfolio. Quiver AI summary. Bowman Consulting Group Ltd. has been awarded a multi-year contract by the Metropolitan Water Reclamation District of Greater Chicago, marking its first partnership with the agency and a significant step in managing regional stormwater projects. The contract involves leading final design and permitting services for the Central Road flood control project, which includes improvements such as new storm sewers and a stormwater detention basin, with total construction costs estimated at $30 million. This project is part of Bowman's strategy to enhance its public infrastructure portfolio and increase long-term public-sector revenue. CEO Gary Bowman emphasized the company's focus on organic growth and the importance of expanding its base of multi-phase public assignments to improve service delivery to large infrastructure systems. Potential positives. * Bowman Consulting Group has been awarded a significant multi-year contract with the Metropolitan Water Reclamation District of Greater Chicago, enhancing its credibility and visibility in the public infrastructure sector. * This contract marks Bowman's first engagement with MWRD, indicating successful entry into a new, large market for potential future projects. * The award expands Bowman's public infrastructure backlog, supporting its strategy to grow organic, long-duration public-sector revenue. * The project includes comprehensive management of a $30 million flood control improvement project, demonstrating Bowman's capability to handle large-scale infrastructure assignments. What contract has Bowman Consulting Group recently been awarded? Bowman Consulting Group has been awarded a multi-year contract by the Metropolitan Water Reclamation District of Greater Chicago for flood control services. What is the focus of the Central Road flood control project? The Central Road flood control project focuses on final design and permitting for stormwater improvements, including new storm sewers and a detention basin. How will this contract impact Bowman's public infrastructure backlog? This contract will expand Bowman's public infrastructure backlog and supports its strategy for organic growth in public-sector revenue. What is bowman's CEO's statement on the contract win? Gary Bowman, the CEO, stated that the assignment enhances long-term visibility and supports cross-selling of services for large infrastructure systems. What services will bowman provide for the Central Road project? Bowman will provide design, permitting, stakeholder coordination, environmental analysis, and preparation of design plans and specifications for the project. Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here. $BWMN insider trading activity. $BWMN insiders have traded $BWMN stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales. * GARY BOWMAN (Chief Executive Officer) has made 0 purchases and 6 sales selling 60,000 shares for an estimated $2,398,120. * BRUCE J LABOVITZ (Chief Financial Officer) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $856,700. * STEPHEN A RIDDICK sold 3,000 shares for an estimated $123,120 * DANIEL SWAYZE (Chief Operating Officer) sold 1,350 shares for an estimated $55,795 To track insider transactions, check out Quiver Quantitative's insider trading dashboard. $BWMN revenue. $BWMN had revenues of $126M in Q3 2025. This is an increase of 10.62% from the same period in the prior year. $BWMN hedge fund activity. We have seen 72 institutional investors add shares of $BWMN stock to their portfolio, and 46 decrease their positions in their most recent quarter. * PERRITT CAPITAL MANAGEMENT INC removed 680,398 shares (-96.6%) from their portfolio in Q3 2025, for an estimated $28,821,659 * ALLIANCEBERNSTEIN L.P. added 510,527 shares (+3560.2%) to their portfolio in Q3 2025, for an estimated $21,625,923 * POLAR ASSET MANAGEMENT PARTNERS INC. removed 225,885 shares (-50.8%) from their portfolio in Q3 2025, for an estimated $9,568,488 * ACADIAN ASSET MANAGEMENT LLC added 156,164 shares (+7804.3%) to their portfolio in Q3 2025, for an estimated $6,615,107 * ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 155,577 shares (+inf%) to their portfolio in Q3 2025, for an estimated $6,590,241 * BLACKROCK, INC. removed 97,201 shares (-6.5%) from their portfolio in Q3 2025, for an estimated $4,117,434 * TUDOR INVESTMENT CORP ET AL added 93,426 shares (+inf%) to their portfolio in Q3 2025, for an estimated $3,957,525 To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. $BWMN analyst ratings. Wall Street analysts have issued reports on $BWMN in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings. * B. Riley Securities issued a "Buy" rating on 08/29/2025 To track analyst ratings and price targets for $BWMN, check out Quiver Quantitative's $BWMN forecast page. $BWMN price targets. Multiple analysts have issued price targets for $BWMN recently. We have seen 3 analysts offer price targets for $BWMN in the last 6 months, with a median target of $50.0. * Tomohiko Sano from JP Morgan set a target price of $40.0 on 01/09/2026 * Jeff Martin from Roth Capital set a target price of $50.0 on 12/09/2025 * Alex Rygiel from B. Riley Securities set a target price of $55.0 on 08/29/2025 Full release. RESTON, Va., Jan. 13, 2026 (GLOBE NEWSWIRE) - Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, announced today that it has been awarded a multi-year contract by the Metropolitan Water Reclamation District of Greater Chicago (MWRD), one of the largest stormwater and wastewater treatment management agencies in the world, serving over 5.2 million residents across 883 square miles of Cook County, Illinois. As one of its most significant regional stormwater assignments to date and its first contract with MWRD, Bowman will lead final design and permitting services for the Central Road flood control project in Cook County. The award expands the company's public infrastructure backlog, and supports its strategy to grow organic, long-duration public-sector revenue. The win adds to Bowman's growing portfolio of the region's largest infrastructure projects, including the DuPage WaterLink Pipeline, I-80, I-55, I-90 roadway improvements and the award-winning Mile Long Bridge reconstruction. "We continue our deliberate efforts toward organic growth of public agency revenue across the country," said Gary Bowman, founder and CEO of Bowman. "This growing base of multi-phase public assignments enhances long-term visibility and facilitates cross-selling of integrated services to owners and operators of large, complex infrastructure systems." The assignment includes final design and permitting for flood control improvements in Cook County including new trunk and lateral storm sewers and a 100-acre-foot stormwater detention basin. Total construction costs are estimated at $30 million, under which Bowman will lead all aspects of the project, including stakeholder coordination, survey, geotechnical, hydrology and hydraulic modeling, environmental analysis, permitting and preparation and coordination of the development of required design plans, specifications and estimates. Design elements include roadway removal and reconstruction, drainage and utilities, detention basin, maintenance of traffic, earthwork, sediment and erosion control, structural elements and pavement marking and signing. 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 2,500 employees and 100 U.S. offices, 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. General Media Contact: Christina Nichols [email protected] Investor Relations Contact: Betsy Patterson [email protected]

Bowman expands into natural gas transmission and utility-scale power for data centers with RPT Alliance, adding $22–24M 2026 billings and projected EPS accretion.

Bowman acquires RPT Alliance, broadens energy engineering to include utility-scale power generation for data centers and industrial facilities. High-growth acquisition adds specialized natural gas transmission and power generation engineering as electrification imperatives accelerate nationwide. RESTON, Va., Dec. 08, 2025 (GLOBE NEWSWIRE) - Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering, program management and infrastructure services firm, announced the acquisition of Houston-based RPT Alliance ("RPT"), a leading designer of natural gas transmission facilities and power generation infrastructure, including microgrid and bridging power installations for data centers, large industrial power consumers and utility operators. The acquisition marks another milestone in Bowman's effort to expand its power and utilities practice through scalable, high-value services that position the company to capture increasing share of the markets transforming the modern energy generation and provisioning landscape. RPT is recognized nationally for its technical expertise in the design of natural gas transmission systems and power generation infrastructure deployed by data centers and industrial facility operators facing near-term electrification constraints. These natural gas-powered installations enable rapid deployment of high-reliability energy solutions that accelerate the operational readiness of mission critical assets. RPT's midstream engineering includes compressor, meter and power generation stations which utilize both existing and newly engineered natural gas transmission facilities with gas-fired generation equipment. "RPT immediately transforms the platform we've built over the past several years," said Gary Bowman, founder and chief executive officer. "Their speed-to-energization expertise contributes to our strategy of providing one-stop design and engineering solutions to data center, utility and industrial customers. In the built environment of the future, the bridging-to-permanent electrification solutions RPT designs will be gating items in the planning of high energy consumption facilities. Together with Lazen, e3i, SOA and our legacy team of power services professionals, we now possess a full range of expertise in the design and delivery of power systems that are enabling America's digital and energy transformation. I strongly believe RPT will enhance our capture rate in the growing national market for power and energy solutions." "From the beginning, RPT Alliance was built around the simple idea that reliable, efficient and fit-for-purpose energy is the foundation of progress," said Ryan Barnes, co-founder and president of RPT Alliance. "As the demand for industrial electrification has accelerated, our team has focused on designing practical, scalable power solutions that bridge the gap between development and long-term utility service." "Despite rapid expansion over the past six years, our customers have continually challenged us to accelerate that growth to keep up with their increasing workload," added Barnes. "By joining Bowman, we are now fully equipped to meet that challenge while maintaining the high-quality of services and responsiveness our market demands. This unique combination positions us to capitalize on the immense potential ahead, leverage new opportunities, and capture significant market share. Our entire leadership team is committed to realizing this next phase of growth and is excited to get started as Bowman." The $59.7 million transaction was financed with cash and a seller note. The company projects RPT will contribute approximately $22 - 24 million in annualized net service billing in 2026 and be accretive to earnings. More detailed information on M&A activity and guidance updates will be provided in connection with the next scheduled earnings communication. "Adding accretive, high-growth revenue to our power & utilities group at a purchase multiple in line with ours improves on our attractive price to earnings growth profile," said Bruce Labovitz, chief financial officer of Bowman. "We continue to deploy capital prudently by investing in platforms that strengthen our earnings and provide durable cash flow. We expect the high-value services and recurring revenue nature of RPT's engagements to contribute to our margin expansion and value creation initiatives. While the transaction increases our leverage modestly in the near term, we remain well within our comfort zone with ample capacity for further growth investments." About RPT Alliance Founded in 2019 in Houston, Texas, RPT Alliance offers engineering and project execution to clients in the energy, infrastructure and renewables markets. The company engineers the systems that move and deliver energy - the compressor stations, metering facilities and generation plants that form the midstream connection between natural-gas supply and the power grid. The company's projects range from conventional infrastructure for oil and gas and utility clients to the rapid-deployment energy systems increasingly used to meet the surge in data center power demand. Having grown to over 80 professionals, RPT's contracts span engineering, project controls, scheduling, procurement and commissioning services across a broad energy and infrastructure client base. RPT is ISO 9000:2015 certified and recognized for its disciplined, results-driven approach to project delivery. 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 2,500 employees and 100 locations throughout the United States, Bowman provides extensive planning, engineering, geospatial imaging, construction and program 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. This press release may contain "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical fact, including statements regarding our future results of operations and financial position, business strategy and plans and objectives for future operations, are forward-looking statements and represent our views as of the date of this press release. The words "anticipate", "believe", "continue", "estimate", "expect", "intend", "may", "will", "goal" and similar expressions are intended to identify forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to several assumptions and risks and uncertainties, many of which involve factors or circumstances that are beyond our control that could affect our financial results. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the "Risk Factors" set forth in the Company's most recent SEC filings. Considering these risks, uncertainties and assumptions, the future events and trends discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in any forward-looking statements. Except as required by law, we are under no obligation to update these forward-looking statements after the date of this press release, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.