- Sealand Contractors Corp
- 2026
- 15
- 1
- 6.67%
- $9,215,000
- 3.34%
- 16.33%
- 3.90%
- $75,714,000

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.
- 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

