- Sunrock Industries
- 2026
- 17
- 6
- 35.29%
- $35,884,499
- 10.46%
- 10.68%
- 6.34%
- $151,570,541

Sunrock Industries holds **$15.8M** in remaining backlog, led by the JOHNSTON project (**$11.4M** est. remaining) and three other active contracts bid in early 2026. With a 41.7% success rate on **$100.9M** total bids, near-term cash flow should remain stable as these projects advance through initial execution phases.
Medium-term Outlook (6-12 months)
The contractor's 2025-2026 wins total **$53.1M**, providing a foundation for backlog replenishment if the current 47.1% success rate holds on ongoing bids. Execution of the remaining **$4.3M** across smaller projects will support continued operations through year-end.
Key Risk Period
The period beyond 12 months presents elevated risk as current backlog depletes without confirmed new awards, especially given the 11.79% average left on low bids that may pressure margins.
Recommendations
Prioritize margin improvement on bids and accelerate pursuit of additional NC DOT work to sustain backlog above **$20M**. Monitor project durations closely to optimize cash flow timing.
- C204349 WAKE, DURHAM
- NCDOT
- $26,639,696
- 9/15/26
- C205233 WAKE
- NCDOT
- $4,414,582
- 9/15/26
- Blue Ridge Road Widening North
- Raleigh
- $12,150,223
- 8/4/26
- Jessie Drive Phase 1
- Apex
- $4,696,891
- 7/22/26
- East Raleigh Park Ride
- Raleigh
- $2,741,495
- 7/21/26
- Fordham Boulevard US 15 501 Sidepath
- Chapel Hill
- $3,121,482
- 6/2/26
- Justice Heights St Extension TID 26 03
- Apex
- $1,656,376
- 4/23/26
- C205088 WAKE FRANKLIN
- NCDOT
- $17,329,084
- 4/21/26
- C204857 JOHNSTON
- NCDOT
- $12,325,526
- 4/21/26
- C205190 WAKE
- NCDOT
- $4,120,149
- 4/21/26
- C205167 GRANVILLE
- NCDOT
- $2,846,467
- 3/17/26
- C205038 Wake
- NCDOT
- $9,194,585
- 3/17/26
- C205181 Durham/Wake
- NCDOT
- $4,209,609
- 3/17/26
- C204512 Wake
- NCDOT
- $29,554,602
- 3/17/26
- C204765 WAKE
- NCDOT
- $9,867,641
- 2/17/26
- C205174 VANCE
- NCDOT
- $1,938,365
- 2/17/26
- 2026CPT.05.06.10921.1 WAKE
- NCDOT
- $4,763,768
- 1/20/26
- 2026CPT.05.06.10921.1 WAKE
- Apex
- $4,696,891
- 09/20/26
- 120
- 15.8%
- $1,174,223
- $3,953,217
- 2026CPT.05.06.10921.1 WAKE
- NCDOT
- $12,325,526
- 06/20/26
- 730
- 15.2%
- $506,528
- $10,451,371
- 2026CPT.05.06.10921.1 WAKE
- NCDOT
- $4,209,609
- 05/16/26
- 365
- 40.0%
- $345,995
- $2,525,765
- $2,026,746
- $16,930,353

