- Reeves Construction Company - GA
- 2026
- 106
- 28
- 26.42%
- $82,887,217
- 5.55%
- 12.89%
- 6.19%
- $643,148,125

The **$43M** remaining backlog, concentrated in projects bid from March through August 2026 with most contract values still largely intact, supports steady cash inflows as mobilization accelerates on recent awards. Consistent 5-6% margins on low bids provide predictable gross profit realization over the next two quarters. Execution focus should remain on the largest active contracts to convert backlog into collections without delay.
Medium-term Outlook (6-12 months)
Sustained bidding volume at 2026 levels (**$518M** total bid, **$58M** secured) combined with the prior year's **$85M** in awards should replenish the backlog and maintain revenue momentum through mid-2027. The **28-29%** success rate indicates reliable pipeline conversion if bid activity holds. Cash flow visibility improves as multiple 120-month contracts enter full production phases.
Key Risk Period
Extended 120-month durations on the majority of active projects create a prolonged cash conversion cycle that could strain working capital if new awards slow or retainage releases lag. The drop in 2026 low-bid volume versus 2025 heightens exposure to revenue gaps beyond the current **$43M** backlog.
Recommendations
Prioritize acceleration of change orders and billing on the top five largest backlog projects to optimize near-term liquidity. Increase bid submissions in high-volume categories to rebuild annual low-bid totals above **$80M** and reduce reliance on long-duration contracts.
- Road Resurfacing Naval Base Kingsbay
- Camden
- 10/15/26
- 26-058 CFH Augusta University Forest Hills Campus Pavement Upgrades
- Augusta
- 10/8/26
- East Robinson Avenue Sidewalk Improvements
- Gravetown
- 10/1/26
- B3CBA2602607-0 SCHLEY
- GDOT
- 9/18/26
- B3CBA2602615-0 MARION, SUMTER, WEBSTER
- GDOT
- 9/18/26
- B3CBA2602625-0 EMANUEL
- GDOT
- 9/18/26
- B1CBA2602614-0 JEFFERSON
- GDOT
- 9/18/26
- B1CBA2602622-0 CHATHAM
- GDOT
- 9/18/26
- 2026 Jenkins County Road Improvements PE26176
- Jenkins County
- 9/8/26
- IFB No 27 001 Construction Services Highway 99 Water Sewer Extension
- Brunswick-Glynn County Joint Water & Sewer Commiss
- 9/1/26
- M006688 Laurens
- GDOT
- 8/21/26
- 2026026 BID3313 Wrightsboro Rd Louisville Rd Turn Lanes
- Columbia County
- 8/6/26
- 2026 LMIG Road Improvements
- Baker County
- 7/21/26
- B3CBA2602454-0 Bulloch
- GDOT
- 7/17/26
- B1CBA2602184-0 Schley, Sumter
- GDOT
- 6/12/26
- B1CBA2602182-0 Richmond
- GDOT
- 6/12/26
- B1CBA2602172-0 Bryan
- GDOT
- 6/12/26
- 2026 Screven County Road Improvements PE24132
- Screven County GA
- 6/3/26
- Burke County Airport Runway 08 26 Pavement Rehabilitation
- Burke County GA
- 6/3/26
- B1CBA2601756-0 Screven
- GDOT
- 4/17/26
- B1CBA2601712-0 Houston, Peach
- GDOT
- 4/17/26
- B1CBA2601675-0 Glynn
- GDOT
- 4/17/26
- B1CBA2601687-0 Bulloch
- GDOT
- 4/17/26
- B1CBA2601536-0 Chatham
- GDOT
- 3/20/26
- Blue Jay Midland Roundabout Construction
- Effingham County
- 3/19/26
- B1CBA2601408-0 BIBB
- GDOT
- 2/20/26
- Augusta Infrastructure Road Repair Hurricane Helene Storm Damage
- Augusta
- 1/30/26
- Jones Alley Improvements
- Augusta
- 1/21/26
- B1CBA2602657-0 Bulloch
- GDOT
- $2,706,004
- 10/16/26
- B1CBA2602647-0 Chatham
- GDOT
- $1,611,740
- 10/16/26
- B1CBA2602639-0 Pulaski
- GDOT
- $1,991,662
- 10/16/26
- B1CBA2602648-0 Toombs
- GDOT
- $2,257,956
- 10/16/26
- B3CBA2602644-0 Dodge, Laurens
- GDOT
- $2,822,180
- 10/16/26
- B3CBA2602638-0 Dooly
- GDOT
- $2,498,167
- 10/16/26
- B3CBA2602655-0 Dooly, Sumter
- GDOT
- $2,999,404
- 10/16/26
- B3CBA2602635-0 Emanuel
- GDOT
- $3,976,740
- 10/16/26
- B3CBA2602661-0 Toombs
- GDOT
- $3,386,735
- 10/16/26
- B3CBA2602659-0 Toombs
- GDOT
- $3,819,389
- 10/16/26
- B3CBA2602632-0 Washington
- GDOT
- $3,427,683
- 10/16/26
- B1CBA2602656-0 Tattnall
- GDOT
- $4,384,564
- 10/16/26
- Anderson Cemetery Road Drainage Paving Project
- Bulloch County GA
- $343,426
- 10/16/26
- Road Resurfacing Naval Base Kingsbay
- Camden
- $1,000,000
- 10/15/26
- 26-058 CFH Augusta University Forest Hills Campus Pavement Upgrades
- Augusta
- $638,397
- 10/8/26
- Pulaski County 2024 2025 2026 LMIG LRA Roads
- Pulaski County
- $3,186,064
- 10/2/26
- Fy2026 Gtib Paving Improvements
- Twin City GA
- $1,218,096
- 10/1/26
- 2026 Sylvania Street Improvements (PE26186)
- Sylvania
- $469,293
- 10/1/26
- East Robinson Avenue Sidewalk Improvements
- Gravetown
- $746,905
- 10/1/26
- 2027 38 2026 LRA 2027 LMIG
- Tattnall County
- $2,800,325
- 9/29/26
- Skidaway Road Improvements Norwood Avenue Ferguson Avenue
- Chatham County
- $4,503,043
- 9/24/26
- 2026 Lmig Resurfacing Mcduffie County City Of Thomson
- Mcduffie County
- $1,643,905
- 9/23/26
- B1CBA2602622-0 CHATHAM
- GDOT
- $4,785,940
- 9/18/26
- B1CBA2602610-0 EVANS
- GDOT
- $632,548
- 9/18/26
- B1CBA2602614-0 JEFFERSON
- GDOT
- $1,082,928
- 9/18/26
- B1CBA2602605-0 PEACH
- GDOT
- $1,625,606
- 9/18/26
- B1CBA2601704-1 WILCOX
- GDOT
- $1,685,007
- 9/18/26
- B3CBA2602625-0 EMANUEL
- GDOT
- $5,287,520
- 9/18/26
- B3CBA2602623-0 LIBERTY
- GDOT
- $2,345,064
- 9/18/26
- B3CBA2602615-0 MARION, SUMTER, WEBSTER
- GDOT
- $2,669,904
- 9/18/26
- B3CBA2602607-0 SCHLEY
- GDOT
- $2,243,945
- 9/18/26
- B3CBA2602620-0 SCREVEN
- GDOT
- $2,518,684
- 9/18/26
- 2026 LRA 2027 LMIG T SPLOST Paving
- Hawkinsville
- $431,445
- 9/11/26
- 2026 Street Resurfacing
- Dublin
- $548,068
- 9/11/26
- 2026 Jenkins County Road Improvements PE26176
- Jenkins County
- $2,075,480
- 9/8/26
- IFB No 27 001 Construction Services Highway 99 Water Sewer Extension
- Brunswick-Glynn County Joint Water & Sewer Commiss
- $373,253
- 9/1/26
- M006688 Laurens
- GDOT
- $2,846,065
- 8/21/26
- M006897 Long
- GDOT
- $2,541,036
- 8/21/26
- M006859 Houston
- GDOT
- $3,798,841
- 8/21/26
- 0017395 Bibb
- GDOT
- $5,995,407
- 8/21/26
- 2024 Guyton CDBG PE24102
- Guyton GA
- $1,294,513
- 8/19/26
- 2026 Dirt Roads Paving
- Bryan County
- $369,328
- 8/13/26
- FY 2025 LMIG Leveling Overlay Stripping Various County Roads
- Jones County GA
- $1,447,187
- 8/13/26
- Street Resurfacing Event No 12352
- Savannah
- $9,394,622
- 8/11/26
- 2026026 BID3313 Wrightsboro Rd Louisville Rd Turn Lanes
- Columbia County
- $1,144,910
- 8/6/26
- IFB26 040 2026 LMIG Resurfacing Restriping Road
- Glynn County
- $3,801,964
- 7/22/26
- 2026 LMIG Road Improvements
- Baker County
- $881,769
- 7/21/26
- B1CBA2602381-0 Lee
- GDOT
- $2,149,859
- 7/17/26
- B1CBA2602354-0 Richmond
- GDOT
- $3,309,451
- 7/17/26
- B1CBA2602393-0 Richmond
- GDOT
- $2,930,544
- 7/17/26
- B1CBA2602413-0 Richmond
- GDOT
- $1,272,934
- 7/17/26
- B3CBA2602454-0 Bulloch
- GDOT
- $2,358,868
- 7/17/26
- B3CBA2602465-0 Dodge
- GDOT
- $1,539,674
- 7/17/26
- B3CBA2602456-0 Liberty
- GDOT
- $2,894,377
- 7/17/26
- B3CBA2602469-0 Worth
- GDOT
- $2,936,499
- 7/17/26
- 26 062 Phase E Street Resurfacing
- Albany GA
- $10,248,310
- 7/16/26
- 26 054 LH Paving The Way 10
- Macon Bibb County
- $2,752,660
- 7/16/26
- 26 052 LH Paving The Way 8
- Macon Bibb County
- $3,104,234
- 7/16/26
- 26 053 LH Paving The Way 9
- Macon Bibb County
- $3,207,606
- 7/16/26
- 26 11 Elberta Road Widening Phase 3
- Houston County
- $3,373,836
- 7/9/26
- 2025 LMIG Paving
- Louisville
- $223,614
- 6/30/26
- 26 048 LH LRA Paving
- Bibb County
- $4,294,523
- 6/18/26
- 2026 LMIG LRA Road Improvements
- Mitchell County GA
- $2,777,770
- 6/15/26
- B1CBA2602172-0 Bryan
- GDOT
- $2,928,198
- 6/12/26
- B1CBA2602200-0 Colquitt
- GDOT
- $3,246,244
- 6/12/26
- B1CBA2602182-0 Richmond
- GDOT
- $14,087,327
- 6/12/26
- B1CBA2602184-0 Schley, Sumter
- GDOT
- $7,292,554
- 6/12/26
- B3CBA2602153-0 Houston, Twiggs
- GDOT
- $175,976,161
- 6/12/26
- Coston Road Paving
- Lee County
- $494,512
- 6/11/26
- Runway T Hanger Taxiway North Apron Rehabilitation
- Fitszgerald
- $3,176,291
- 6/10/26
- 2026 Screven County Road Improvements PE24132
- Screven County GA
- $3,102,332
- 6/3/26
- Burke County Airport Runway 08 26 Pavement Rehabilitation
- Burke County GA
- $1,045,722
- 6/3/26
- Georgia Shady Grove Paving Improvements
- Harlem
- $301,870
- 5/29/26
- Resurfacing Warren County City Warrenton City Camak City Norwood
- Warren County
- $1,560,363
- 5/28/26
- EB Hamilton Sports Complex Parking Lot Div B Asphalt
- Tift County
- $644,746
- 5/20/26
- St Marys Road Western Intersection Improvements
- St. Marys
- $1,824,075
- 5/20/26
- B3CBA2601939-0 Bryan, Chatham, Effingham
- GDOT
- $125,609,858
- 5/15/26
- B3TIA2601883-0 Emanuel, Johnson
- GDOT
- $1,138,800
- 5/15/26
- B3CBA2601882-0 Laurens
- GDOT
- $48,718,664
- 5/15/26
- Wrightsboro Road Sewer Expansion Phase 2
- Mcduffie County
- $1,917,500
- 5/5/26
- B1CBA2601687-0 Bulloch
- GDOT
- $2,947,543
- 4/17/26
- B1CBA2601746-0 Candler, Tattnall
- GDOT
- $2,499,691
- 4/17/26
- B1CBA2601684-0 Columbia, Richmond
- GDOT
- $2,191,039
- 4/17/26
- B1CBA2601757-0 Effingham
- GDOT
- $1,527,385
- 4/17/26
- B1CBA2601675-0 Glynn
- GDOT
- $3,827,713
- 4/17/26
- B1CBA2601745-0 Houston, Macon
- GDOT
- $2,786,650
- 4/17/26
- B1CBA2601712-0 Houston, Peach
- GDOT
- $2,893,360
- 4/17/26
- B1CBA2601693-0 Jefferson
- GDOT
- $1,521,425
- 4/17/26
- B1CBA2601756-0 Screven
- GDOT
- $6,331,814
- 4/17/26
- B3CBA2601710-0 Emanuel
- GDOT
- $2,975,441
- 4/17/26
- 2026 Road Resurfacing
- Bryan County
- $943,752
- 3/31/26
- NW Development Roadway Utility
- Augusta
- $2,350,237
- 3/27/26
- B1CBA2601552-0 Charlton
- GDOT
- $3,078,743
- 3/20/26
- B1CBA2601536-0 Chatham
- GDOT
- $2,451,958
- 3/20/26
- B1CBA2601205-0 Jenkins
- GDOT
- $25,799,117
- 3/20/26
- B1CBA2601537-0 Lincoln
- GDOT
- $763,622
- 3/20/26
- B1CBA2601526-0 Washington
- GDOT
- $5,561,737
- 3/20/26
- Blue Jay Midland Roundabout Construction
- Effingham County
- $1,920,903
- 3/19/26
- B1CBA2601408-0 BIBB
- GDOT
- $2,813,674
- 2/20/26
- B1CBA2601399-0 CAMDEN
- GDOT
- $1,377,560
- 2/20/26
- B1CBA2601388-0 MCDUFFIE
- GDOT
- $860,698
- 2/20/26
- Augusta Infrastructure Road Repair Hurricane Helene Storm Damage
- Augusta
- $1,283,740
- 1/30/26
- B3CBA2302415-1 Chatham
- GDOT
- $3,622,120
- 1/23/26
- Jones Alley Improvements
- Augusta
- $1,824,495
- 1/21/26
- St Marys FY2025 LMIG
- St Marys
- $274,020
- 1/20/26
- Creekside Elementary Entrance Construction
- Effingham County
- $2,027,000
- 1/14/26
- Road Resurfacing Naval Base Kingsbay
- Camden
- $1,000,000
- 12/14/26
- 120
- 0%
- -
- $1,000,000
- 26-058 CFH Augusta University Forest Hills Campus Pavement Upgrades
- Augusta
- $638,397
- 12/07/26
- 0
- 0%
- -
- $638,397
- East Robinson Avenue Sidewalk Improvements
- Gravetown
- $746,905
- 11/30/26
- 180
- 0%
- -
- $746,905
- B3CBA2602607-0 SCHLEY
- GDOT
- $2,243,945
- 11/17/26
- 0
- 0%
- -
- $2,243,945
- B3CBA2602615-0 MARION, SUMTER, WEBSTER
- GDOT
- $2,669,904
- 11/17/26
- 0
- 0%
- -
- $2,669,904
- B3CBA2602625-0 EMANUEL
- GDOT
- $5,287,520
- 11/17/26
- 0
- 0%
- -
- $5,287,520
- B1CBA2602614-0 JEFFERSON
- GDOT
- $1,082,928
- 11/17/26
- 0
- 0%
- -
- $1,082,928
- B1CBA2602622-0 CHATHAM
- GDOT
- $4,785,940
- 11/17/26
- 0
- 0%
- -
- $4,785,940
- 2026 Jenkins County Road Improvements PE26176
- Jenkins County
- $2,075,480
- 11/07/26
- 110
- 0%
- -
- $2,075,480
- Creekside Elementary Entrance Construction
- Brunswick-Glynn County Joint Water & Sewer Commiss
- $373,253
- 10/31/26
- 120
- 0.8%
- $93,313
- $370,143
- Creekside Elementary Entrance Construction
- GDOT
- $2,846,065
- 10/20/26
- 120
- 10.0%
- $711,516
- $2,561,459
- Creekside Elementary Entrance Construction
- Columbia County
- $1,144,910
- 10/05/26
- 120
- 22.5%
- $286,228
- $887,305
- Creekside Elementary Entrance Construction
- Baker County
- $881,769
- 09/19/26
- 120
- 35.8%
- $220,442
- $565,802
- Creekside Elementary Entrance Construction
- GDOT
- $2,358,868
- 09/15/26
- 120
- 39.2%
- $589,717
- $1,434,978
- Creekside Elementary Entrance Construction
- GDOT
- $7,292,554
- 08/11/26
- 120
- 68.3%
- $1,823,139
- $2,309,309
- Creekside Elementary Entrance Construction
- GDOT
- $14,087,327
- 08/11/26
- 120
- 68.3%
- $3,521,832
- $4,460,987
- Creekside Elementary Entrance Construction
- GDOT
- $2,928,198
- 08/11/26
- 120
- 68.3%
- $732,050
- $927,263
- Creekside Elementary Entrance Construction
- Screven County GA
- $3,102,332
- 08/02/26
- 120
- 75.8%
- $775,583
- $749,730
- Creekside Elementary Entrance Construction
- Burke County GA
- $1,045,722
- 08/02/26
- 120
- 75.8%
- $261,431
- $252,716
- Creekside Elementary Entrance Construction
- GDOT
- $2,451,958
- 05/19/26
- 365
- 45.5%
- $201,531
- $1,336,821
- $9,216,782
- $36,387,532



