BidJudge.com - Projects
chuck.gallant@blytheconstruction.com
2911 North Graham Street
Charlotte NC
28206
704-375-8474
704-375-7814
Health Breakdown
Avg Left
20
Success
40
Avg Avg
10
Year Proj
-10
2 Year Prior Proj
Qual Based
0
Cash Flow
-40
 
20%
20%
Health
Financial Health & Pipeline Brief
Analyzed On:  Aug 13, 2026
Blythe Construction - NC (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Blythe Construction enters the period with **$80M** in remaining backlog, led by large active projects such as Polk (**$32M**) and Forsyth (**$19M**). Execution of these contracts should generate steady cash inflows, supported by a 26.5% bid success rate that added **$99M** in 2026 awards. Near-term liquidity appears stable provided progress billings align with the 6.15% average left on low bids.

Medium-term Outlook (6-12 months)
Backlog drawdown will accelerate as shorter-duration projects like Yadkin and Wayne reach completion, potentially reducing the **$80M** position by mid-2027. The contractor must convert its current bidding volume into additional wins to offset the drop from 2025’s **$141M** in low bids. Sustained success rates above 25% will be required to maintain positive cash flow momentum.

Key Risk Period
The 9-15 month window presents the highest exposure once the largest 2026 awards are substantially complete and only **$80M** remains. Failure to replenish the pipeline at 2025–2026 bid levels could create a cash flow gap before new work mobilizes.

Recommendations
Prioritize aggressive bidding on high-volume NC DOT lettings to restore backlog above **$120M**. Tighten monthly cash forecasting on long-duration projects and negotiate accelerated payment terms on the **$32M** Polk contract to buffer the upcoming risk period.
 
JOBS LOW
  • C205233 WAKE
  • NCDOT
  • 9/15/26
  • C204349 WAKE, DURHAM
  • NCDOT
  • 9/15/26
  • C205225 Polk
  • NCDOT
  • 7/21/26
  • C205160 FORSYTH
  • NCDOT
  • 6/16/26
  • C204733 YADKIN
  • NCDOT
  • 5/19/26
  • C205190 WAKE
  • NCDOT
  • 4/21/26
  • 13 022526 City High Point Street Resurfacing 2026
  • High Point
  • 3/11/26
  • C205168 MECKLENBURG
  • NCDOT
  • 2/17/26
  • BP12.R002.3 CLEVELAND
  • NCDOT
  • 1/20/26
  • 38608.3.1 WAYNE
  • NCDOT
  • 1/20/26
  • 2026 Road Rehabilitation TID 26 01
  • Apex
  • 1/15/26
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JOBS BID
  • C205234 ROCKINGHAM
  • NCDOT
  • $8,011,914
  • 9/15/26
  • C204349 WAKE, DURHAM
  • NCDOT
  • $21,049,440
  • 9/15/26
  • C205233 WAKE
  • NCDOT
  • $4,383,730
  • 9/15/26
  • FY27 Street Resurfacing Mill 7 Overlay
  • Mooresville
  • $2,449,096
  • 8/25/26
  • C205070 RUTHERFORD
  • NCDOT
  • $9,113,059
  • 8/18/26
  • C205225 Polk
  • NCDOT
  • $32,021,843
  • 7/21/26
  • C205157 Randolph
  • NCDOT
  • $13,414,717
  • 6/16/26
  • C205186 Rockingham
  • NCDOT
  • $13,284,719
  • 6/16/26
  • C205160 FORSYTH
  • NCDOT
  • $19,008,330
  • 6/16/26
  • C204733 YADKIN
  • NCDOT
  • $16,487,471
  • 5/19/26
  • C205197 RANDOLPH
  • NCDOT
  • $6,129,956
  • 5/19/26
  • C205200 RUTHERFORD
  • NCDOT
  • $7,799,401
  • 5/19/26
  • C205138 MECKLENBURG IREDELL
  • NCDOT
  • $5,797,085
  • 5/19/26
  • C205130 WAYNE
  • NCDOT
  • $21,974,634
  • 4/21/26
  • C204857 JOHNSTON
  • NCDOT
  • $13,878,501
  • 4/21/26
  • C205178 POLK
  • NCDOT
  • $24,843,910
  • 4/21/26
  • C205088 WAKE FRANKLIN
  • NCDOT
  • $20,756,165
  • 4/21/26
  • C205193 RANDOLPH
  • NCDOT
  • $6,836,740
  • 4/21/26
  • C205190 WAKE
  • NCDOT
  • $3,998,444
  • 4/21/26
  • Rea Road Widening I 485 Williams Pond Lane
  • Charlotte
  • $10,114,136
  • 4/7/26
  • C205165 Polk
  • NCDOT
  • $49,751,778
  • 3/24/26
  • C205038 Wake
  • NCDOT
  • $8,587,245
  • 3/17/26
  • C205179 Union
  • NCDOT
  • $6,113,199
  • 3/17/26
  • C205013 Mecklenburg
  • NCDOT
  • $5,414,783
  • 3/17/26
  • C205181 Durham/Wake
  • NCDOT
  • $4,926,271
  • 3/17/26
  • 13 022526 City High Point Street Resurfacing 2026
  • High Point
  • $3,208,863
  • 3/11/26
  • FY 2026 Street Improvements
  • Cary
  • $4,565,648
  • 2/26/26
  • C205095 MECKLENBURG
  • NCDOT
  • $8,656,255
  • 2/17/26
  • C205035 WAYNE
  • NCDOT
  • $33,486,011
  • 2/17/26
  • C204765 WAKE
  • NCDOT
  • $12,305,658
  • 2/17/26
  • C205168 MECKLENBURG
  • NCDOT
  • $4,786,368
  • 2/17/26
  • C204936 ALAMANCE
  • NCDOT
  • $8,299,499
  • 2/17/26
  • Annual Contract Resurfacing
  • Raleigh
  • $7,185,510
  • 2/10/26
  • McCullough Drive Extension
  • Charlotte
  • $8,311,464
  • 2/6/26
  • 2026CPT.05.06.10921.1 WAKE
  • NCDOT
  • $4,898,639
  • 1/20/26
  • 38608.3.1 WAYNE
  • NCDOT
  • $8,774,776
  • 1/20/26
  • 46891.3.1 CABARRUS
  • NCDOT
  • $14,607,187
  • 1/20/26
  • BP12.R002.3 CLEVELAND
  • NCDOT
  • $5,417,481
  • 1/20/26
  • 2026 Road Rehabilitation TID 26 01
  • Apex
  • $5,281,049
  • 1/15/26
Bidjudge
CASH FLOW
  • 2026 Road Rehabilitation TID 26 01
  • NCDOT
  • $32,021,843
  • 09/19/26
  • 1100
  • 1.8%
  • $873,323
  • $31,439,628
  • 2026 Road Rehabilitation TID 26 01
  • NCDOT
  • $19,008,330
  • 08/15/26
  • 120
  • 45.8%
  • $4,752,083
  • $10,296,179
  • 2026 Road Rehabilitation TID 26 01
  • NCDOT
  • $16,487,471
  • 07/18/26
  • 120
  • 69.2%
  • $4,121,868
  • $5,083,637
  • 2026 Road Rehabilitation TID 26 01
  • NCDOT
  • $3,998,444
  • 06/20/26
  • 365
  • 30.4%
  • $328,639
  • $2,782,479
  • 2026 Road Rehabilitation TID 26 01
  • NCDOT
  • $5,417,481
  • 03/21/26
  • 1100
  • 18.4%
  • $147,749
  • $4,422,634
  • 2026 Road Rehabilitation TID 26 01
  • NCDOT
  • $8,774,776
  • 03/21/26
  • 730
  • 27.7%
  • $360,607
  • $6,346,687
  • $10,584,269
  • $85,804,414
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