- Nelson Construction Moreno & Nelson - WA
- 2026
- 3
- 2
- 66.67%
- $3,343,782
- 5.20%
- 8.73%
- 4.18%
- $9,238,444
- Nelson Construction Moreno & Nelson - OR
- 2026
- 10
- 2
- 20.00%
- $7,347,935
- 7.66%
- 18.90%
- 7.09%
- $55,592,889
Nelson Construction holds a thin active backlog of **$6.8M** with projects bid in April and June 2026. Revenue recognition will remain minimal in the near term given the long 120-month durations, constraining cash flow. The 25% success rate on **$53M** in 2026 bids shows modest improvement but insufficient volume to support operations.
Medium-term Outlook (6-12 months)
Execution on the **$7.2M** I-84 interchange project will generate the primary revenue stream, though slow burn rates limit monthly inflows. Sustained bidding momentum is required to offset the **$0** low bids recorded in 2025. Pipeline replenishment remains critical to avoid cash flow gaps.
Key Risk Period
The 12- to 24-month horizon presents the highest risk as the current **$6.8M** backlog depletes without accelerated wins. Extended contract durations heighten exposure to payment delays and cost escalation. Continued low success rates could rapidly erode liquidity.
Recommendations
Target a minimum **$20M** backlog through higher bid volume and refined win strategies. Shift focus toward shorter-duration projects to accelerate cash conversion. Conduct post-bid reviews to lift success rates above 25% and stabilize operations.
- PRJ 00116316 28 29 ADA Ramps East 1 Road Fund
- Washington County - OR
- $1,117,711
- 9/23/26
- 28 29 ADA Ramps East 1 RF 00116316
- Washington County - OR
- $1,117,711
- 9/23/26
- OR214 Curb Ramps Mt Angel Section
- ODOT
- $1,423,423
- 7/30/26
- Astoria Cottage Grove Curb Ramps
- ODOT
- $9,977,799
- 7/23/26
- OR35 White River East Fork Hood River Paving Multiple Locations
- ODOT
- $882,288
- 7/14/26
- Eastern Oregon 2024 2027 ADA Curb Ramps Phase 3
- ODOT
- $4,486,684
- 6/11/26
- I 84 Rieth Interchange Umatilla River Bridges
- ODOT
- $7,235,235
- 6/4/26
- OR47 Curb Ramps Banks
- ODOT
- $1,091,190
- 5/7/26
- US26 US395 District 14 MBM 2026
- ODOT
- $112,700
- 4/30/26
- US97 Earl St Colfax Ln Madras Section
- ODOT
- $28,148,148
- 4/2/26

