BidJudge.com - Projects
12210 Bree Drive
Midland NC
28107
704-522-1102
704-522-5494
Health Breakdown
Avg Left
50
Success
-20
Avg Avg
15
Year Proj
2 Year Prior Proj
Qual Based
0
Cash Flow
-40
 
5%
5%
Health
Financial Health & Pipeline Brief
Analyzed On:  Jun 26, 2026
Sealand Contractors Corp (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Limited cash flow is expected with only **$9,215,000** in total backlog from the single Rea Road project bid in April 2026. Early-phase work on the 120-month contract will generate minimal revenue, requiring tight expense control.

Medium-term Outlook (6-12 months)
Revenue recognition will remain slow due to the extended duration, leaving the contractor reliant on this lone **$9,215,000** backlog. Continued low win rates from 2025-2026 bidding activity will constrain growth unless new awards materialize.

Key Risk Period
The 12-24 month window after initial mobilization carries elevated risk, as the thin backlog offers no buffer against delays or the historically poor 0-6.7% success rates.

Recommendations
Prioritize aggressive bidding to rebuild pipeline while preserving cash reserves; target shorter-duration projects to improve near-term liquidity and reduce concentration in the current **$9,215,000** backlog.
 
JOBS LOW
  • Rea Road Widening I 485 Williams Pond Lane
  • Charlotte
  • 4/7/26
Bidjudge
JOBS BID
  • Bonlyn Storm Drainage Improvement
  • Charlotte
  • $2,485,000
  • 6/16/26
  • 3144 Freedom Drive Storm Drainage Improvement
  • Charlotte
  • $8,800,000
  • 6/9/26
  • Lawyers Road SW Harri Ann Chestnut
  • Charlotte
  • $780,000
  • 5/27/26
  • Village Lake Drive 2210 Storm Drainage Improvement
  • Charlotte
  • $1,950,000
  • 5/13/26
  • Riverbend Storm Drainage Improvement
  • Charlotte
  • $4,724,000
  • 4/28/26
  • Arrowood Road Whitehall Commons Center Drive Intersection
  • Charlotte
  • $1,295,000
  • 4/7/26
  • Rea Road Widening I 485 Williams Pond Lane
  • Charlotte
  • $9,215,000
  • 4/7/26
  • Harrisburg Road Shared Use Paths SUP
  • Charlotte
  • $4,170,000
  • 3/26/26
  • C205013 Mecklenburg
  • NCDOT
  • $4,975,000
  • 3/17/26
  • Shamrock Gardens Storm Drainage Improvement
  • Charlotte
  • $7,342,000
  • 2/24/26
  • C205095 MECKLENBURG
  • NCDOT
  • $8,760,000
  • 2/17/26
  • Monroe Road Streetscape
  • Charlotte
  • $6,383,000
  • 2/12/26
  • 2831 Flintridge Storm Drainage Improvement
  • Charlotte
  • $2,345,000
  • 2/10/26
  • McCullough Drive Extension
  • Charlotte
  • $7,920,000
  • 2/6/26
  • Blackmon Street Storm Drainage Improvement
  • Charlotte
  • $4,570,000
  • 1/27/26
Bidjudge
CASH FLOW
  • Blackmon Street Storm Drainage Improvement
  • Charlotte
  • $9,215,000
  • 06/06/26
  • 120
  • 17.5%
  • $2,303,750
  • $7,602,375
  • $2,303,750
  • $7,602,375
Bidjudge