Bowman to Lead $30 Million Multi-Year Flood Control Project with Largest U.S. Water Reclamation Authority
Rhea-AI Summary
Bowman (NASDAQ: BWMN) announced on Jan. 13, 2026 that it was awarded a multi-year contract with the Metropolitan Water Reclamation District of Greater Chicago (MWRD) to lead final design and permitting for the Central Road flood control project in Cook County.
The assignment expands Bowman’s public infrastructure backlog, represents its first contract with MWRD, and covers design for new trunk and lateral storm sewers plus a 100-acre-foot stormwater detention basin. Total construction costs are estimated at $30 million, and Bowman will lead stakeholder coordination, survey, geotechnical, hydrology and hydraulic modeling, environmental analysis, permitting, and preparation of design plans, specifications and estimates.
Positive
- $30 million estimated construction scope added to regional portfolio
- First-ever contract with MWRD, opening a major client relationship
- Expands public infrastructure backlog and long-duration public-sector revenue
Negative
- Contract covers final design and permitting only; construction award to contractors is not confirmed
News Market Reaction
On the day this news was published, BWMN declined 0.81%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Key engineering and construction peers showed positive moves (e.g., GLDD +2.57%, BBCP +4.6%, MTRX +2.6%), but no peers appeared in the momentum scanner, and this event is tied to a company-specific contract award.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 16 | Nasdaq bell event | Positive | -3.8% | Bell-ringing to celebrate RPT Alliance acquisition and new market entry. |
| Dec 08 | Acquisition announcement | Positive | -1.6% | Acquisition of RPT Alliance expanding utility-scale power generation services. |
| Dec 02 | Infrastructure contract win | Positive | -1.7% | Award of $3.7M ADA ramp design contract expanding Philadelphia work. |
| Nov 17 | Environmental project award | Positive | +0.3% | Multi-year $7M West Seattle fish passage infrastructure design contract. |
| Nov 11 | Planning assignments | Positive | +0.7% | New planning and transportation work in The Aurora Highlands, Colorado. |
Recent positive corporate and contract announcements often saw mixed to negative next-day price reactions, indicating a tendency for good news to be met with selling or muted responses.
Over the last few months, Bowman reported multiple growth-oriented developments. On Nov 11, 2025 and Nov 17, 2025, it won transportation and fish passage design assignments, with modestly positive price reactions. Subsequent larger contract and acquisition news on Dec 2, Dec 8, and the Nasdaq bell-ringing announcement on Dec 16 were all strategically positive but followed by share price declines. Today’s multi-year flood control award continues the theme of expanding public infrastructure backlog and long-duration work.
Market Pulse Summary
This announcement highlights Bowman’s award of a multi-year design and permitting role on a flood control project with estimated construction costs of $30 million, led for one of the largest U.S. water reclamation authorities. It adds to a growing portfolio of large public infrastructure assignments and supports a strategy of expanding long-duration public-sector revenue. Investors may track backlog growth, project execution on complex hydrology and stormwater work, and how these wins complement recent acquisitions and credit facility expansion.
Key Terms
stormwater detention basin technical
geotechnical technical
hydrology technical
hydraulic modeling technical
sediment and erosion control technical
AI-generated analysis. Not financial advice.
Multi-year contract expands public infrastructure backlog with new client relationship
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
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
pr@bowman.com
Investor Relations Contact:
Betsy Patterson
ir@bowman.com