Ian Evatt and Josh Sheehan have been shortlisted for the League One Manager and Player of the Month awards respectively.
Wanderers took nine out of a possible 12 points in January following wins against Burton, Cheltenham and Carlisle.
Evatt also won the prizes for October and November as a result of the Whites’ strong form in the league.
The Bolton boss now faces competition from Neil Critchley, Darren Ferguson and Richie Wellens for the monthly award.
Blackpool went unbeaten in the league in January, including victories against Lincoln, Exeter and Bristol Rovers.
Peterborough also enjoyed a strong month, the highlight being thrilling comeback against promotion rivals Derby on New Year’s Day.
Leyton Orient recorded wins against Wanderers and Portsmouth, keeping clean sheets in both fixtures.
Josh Sheehan has also been recognised for his consistent performances in the middle of the pitch last month.
The Welshman was instrumental in the wins against Cheltenham and Carlisle, pulling the strings from a slightly deeper role.
Dan Agyei, James Collins and Chris Martin are also in the running for the prize after making key contributions for their respective clubs.
Agyei scored four goals in as many games, including the decisive goal against Bolton after pouncing on a defensive error.
Collins scored five goals in six games, including a deft header against Fleetwood and a sweet volley against Cheltenham.
Martin also found the net five times last month, which saw the 35-year-old take his tally to 11 for the season.
The winners will be announced on Friday, February 9 and the judging panel features Don Goodman, Trevor Birch and Ivor Davies.
Elsewhere, Lee Bell, Graham Coughlan, Karl Robinson and Simon Weaver are all up for the League Two Manager of the Month award.
Steven Fletcher, Jodi Jones, Abraham Odoh and Danilo Oris are up for the Player of the Month prize in the fourth tier, while the Championship nominees will be confirmed on Thursday morning.
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