Bowman Contracted to Provide Support Services for Virginia Department of Transportation Design-Build Projects
Bowman Consulting Group (NASDAQ: BWMN) has been contracted by the Virginia Department of Transportation (VDOT) to provide survey, right-of-way (ROW), and utility relocation engineering services for 13 separate projects across Virginia. These projects include:
- I-64 Hampton Roads Express Lanes (HREL 1A)
- Five intersection improvements in Albemarle County
- Seven bridge improvement projects in VDOT's Bristol and Salem districts
For the HREL assignment, Bowman will handle ROW and easement acquisition services for widening I-64 and I-564, along with utility coordination and relocation services. The Albemarle Bundle #2 projects involve ROW, survey, and utility coordination for intersection enhancements. The bridge improvement projects in Bristol and Salem districts cover the replacement of seven bridges, with Bowman providing ROW, easement acquisition, and utility services.
Il Bowman Consulting Group (NASDAQ: BWMN) è stato incaricato dal Dipartimento dei Trasporti della Virginia (VDOT) di fornire servizi di rilievo, acquisizione di diritti di passaggio (ROW) e ingegneria per la relocazione delle utility per 13 progetti diversi in Virginia. Questi progetti includono:
- Le corsie esprso di I-64 Hampton Roads (HREL 1A)
- Cinque miglioramenti di intersezioni nella Contea di Albemarle
- Sette progetti di miglioramento dei ponti nei distretti di Bristol e Salem del VDOT
Per l'incarico HREL, Bowman gestirà i servizi di acquisizione ROW e servitù per l'allargamento di I-64 e I-564, insieme alla coordinazione e relocazione delle utility. I progetti dell'Albemarle Bundle #2 riguardano ROW, rilievo e coordinazione delle utility per i miglioramenti delle intersezioni. I progetti di miglioramento dei ponti nei distretti di Bristol e Salem coprono la sostituzione di sette ponti, con Bowman che fornisce servizi di ROW, acquisizione di servitù e utility.
El Bowman Consulting Group (NASDAQ: BWMN) ha sido contratado por el Departamento de Transporte de Virginia (VDOT) para proporcionar servicios de encuesta, adquisición de derechos de paso (ROW) y ingeniería de reubicación de utilidades para 13 proyectos separados en Virginia. Estos proyectos incluyen:
- Los carriles exprés I-64 Hampton Roads (HREL 1A)
- Mejoras en cinco intersecciones en el Condado de Albemarle
- Siete proyectos de mejora de puentes en los distritos de Bristol y Salem del VDOT
Para la asignación de HREL, Bowman se encargará de los servicios de adquisición de ROW y servidumbres para la ampliación de I-64 e I-564, junto con la coordinación y reubicación de utilidades. Los proyectos del Paquete Albemarle #2 implican ROW, encuesta y coordinación de utilidades para mejoras en las intersecciones. Los proyectos de mejora de puentes en los distritos de Bristol y Salem cubren la sustitución de siete puentes, con Bowman brindando servicios de ROW, adquisición de servidumbres y utilidades.
보우만 컨설팅 그룹(Bowman Consulting Group)(NASDAQ: BWMN)은 버지니아 교통부(VDOT)에 의해 버지니아 전역의 13개 개별 프로젝트에 대한 조사, 통행권(ROW), 유틸리티 이전 엔지니어링 서비스를 제공하기 위해 계약을 체결했습니다. 이 프로젝트에는 다음이 포함됩니다:
- I-64 햄프턴 로드 익스프레스 레인(HREL 1A)
- 앨버말 카운티의 다섯 개 교차로 개선
- VDOT의 브리스톨 및 세일럼 지역에서의 7개 교량 개선 프로젝트
HREL 과제에 대해 보우만은 I-64 및 I-564의 확장을 위한 ROW 및 완전한 통행권 취득 서비스를 처리하며, 유틸리티 조정 및 이전 서비스도 담당합니다. 앨버말 번들 #2 프로젝트는 교차로 개선을 위한 ROW, 조사 및 유틸리티 조정을 포함합니다. 브리스톨 및 세일럼 지역의 교량 개선 프로젝트는 7개의 교량 교체를 포함하며, 보우만은 ROW, 완전한 통행권 취득 및 유틸리티 서비스를 제공합니다.
Le Bowman Consulting Group (NASDAQ: BWMN) a été mandaté par le Département des Transports de Virginie (VDOT) pour fournir des services d'enquête, d'acquisition de droits de passage (ROW) et d'ingénierie pour la re-localisation des utilités pour 13 projets distincts à travers la Virginie. Ces projets comprennent :
- Les voies express I-64 Hampton Roads (HREL 1A)
- Cinq améliorations d'intersections dans le comté d'Albemarle
- Sept projets d'amélioration de ponts dans les districts de Bristol et Salem du VDOT
Pour la mission HREL, Bowman s'occupera des services d'acquisition de ROW et de servitudes pour l'élargissement de l'I-64 et de l'I-564, ainsi que des services de coordination et de relocation des utilités. Les projets du Bundle Albemarle #2 impliquent ROW, enquête et coordination des utilités pour les améliorations d'intersection. Les projets d'amélioration de ponts dans les districts de Bristol et Salem concernent le remplacement de sept ponts, Bowman fournissant des services de ROW, d'acquisition de servitudes et de services utilities.
Die Bowman Consulting Group (NASDAQ: BWMN) wurde vom Verkehrsministerium von Virginia (VDOT) beauftragt, Vermessungs-, Grundstücks- (ROW) und Ingenieurdienstleistungen zur Umverlegung von Versorgungsleitungen für 13 separate Projekte in Virginia bereitzustellen. Diese Projekte umfassen:
- I-64 Hampton Roads Express Lanes (HREL 1A)
- Fünf Verbesserungen an Kreuzungen im Albemarle County
- Sieben Brückenverbesserungsprojekte in den Bezirken Bristol und Salem des VDOT
Für den HREL-Auftrag wird Bowman die ROW- und Dienstbarkeitsakquisitionsdienste für die Verbreiterung der I-64 und I-564 übernehmen, zusammen mit der Koordinierung und Umverlegung der Versorgungsleitungen. Die Projekte des Albemarle Bundle #2 beinhalten ROW, Vermessung und Koordinierung der Versorgungsleitungen für Kreuzungsverbesserungen. Die Brückenverbesserungsprojekte in den Bezirken Bristol und Salem umfassen den Austausch von sieben Brücken, wobei Bowman ROW-, Dienstbarkeitsakquisitions- und Versorgungsdienste bereitstellt.
- Secured contracts for 13 separate VDOT projects across Virginia
- Diversified project portfolio including express lanes, intersection improvements, and bridge replacements
- Immediate commencement of project delivery, indicating potential near-term revenue generation
- None.
Insights
VDOT's contract with Bowman for 13 projects across Virginia is a significant win for the company. The diverse scope, including the high-profile I-64 Hampton Roads Express Lanes, multiple intersection improvements and bridge replacements, showcases Bowman's comprehensive capabilities in transportation infrastructure services.
This contract solidifies Bowman's position in the Virginia market and potentially opens doors for future projects with VDOT and other state DOTs. The immediate commencement of these projects should provide a steady revenue stream and backlog for the company in the near term.
While the exact contract value isn't disclosed, the scale and complexity of these projects, particularly the I-64 HREL work, suggest a substantial addition to Bowman's project portfolio. This could positively impact the company's financial performance and market perception, especially considering Bowman's relatively modest
Investors should monitor Bowman's execution on these projects, as successful delivery could lead to additional contract wins and strengthen the company's competitive position in the transportation infrastructure sector.
The assignments include the I-64 Hampton Roads Express Lanes (HREL 1A), a bundle of five intersection improvements in
“We appreciate the opportunity to contribute to the long-term sustainability and reliability of Virginia’s transportation infrastructure,” said Gary Bowman, chairman and CEO of Bowman. “Bowman has a long-standing reputation in the transportation infrastructure services market, and with VDOT in particular. These assignments are contracted and ready to proceed and we look forward to immediately commencing delivery of quality solutions that meet the complex needs of this customer.”
For the HREL assignment, Bowman has been entrusted with ROW and easement acquisition services to support the widening of I-64 and I-564 as well as utility coordination and relocation services.
For the Albemarle Bundle #2 projects, Bowman will facilitate the smooth execution of ROW and survey activities for intersection enhancements, while also managing utility coordination and relocations for these intersection improvement projects
For the
About Bowman Consulting Group Ltd.
Headquartered in
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General Media Contact:
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Investor Relations Contacts:
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Betsy Patterson
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Source: Bowman Consulting Group
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