- Backbone Infrastructure
- 2026
- 54
- 11
- 20.37%
- $17,768,414
- 5.86%
- 9.45%
- 8.25%
- $194,316,935

The **$9.1M** remaining backlog, concentrated in recently awarded projects with extended durations, supports steady but limited cash flow through early 2027. Reduced 2026 win volume of only **$10.9M** at a 17.4% success rate indicates slower new revenue conversion. Monitoring burn rates on the eight active projects will be essential to avoid short-term liquidity gaps.
Medium-term Outlook (6-12 months)
Backlog depletion accelerates beyond mid-2027 given the small **$9.1M** total and long contract timelines, requiring replacement awards to sustain operations. The drop from 2025's **$26.8M** in low bids highlights the need for improved bidding competitiveness to restore volume. Cash flow pressure may emerge if success rates remain below 20%.
Key Risk Period
The period following exhaustion of current 2026 awards, likely late 2027, poses the highest risk as no substantial pipeline replenishment is evident. Extended project durations could mask near-term shortfalls while amplifying exposure if bid volume does not recover.
Recommendations
Prioritize aggressive bidding on higher-volume GA infrastructure opportunities to rebuild backlog above **$20M** annually. Tighten cost tracking on existing projects to preserve margins amid the 5.83% average left on low bids.
- 0017401 Fulton
- GDOT
- 8/21/26
- 0017405 Gwinnett
- GDOT
- 8/21/26
- B2102 Collins Road Little Allatoona Creek
- Cobb County
- 8/13/26
- Ridge Road South Puckett Road Intersection Improvements
- Gwinnett County
- 7/30/26
- Lakeside Drive Holly Springs Pkwy
- Cherokee County
- 7/21/26
- BL091 26 Moore Road Crofton Landing Road Drainage Improvement
- Gwinnett County
- 6/25/26
- B1CBA2602122-0 Fulton
- GDOT
- 6/12/26
- Hamilton Road Sidewalk South
- Cobb County
- 5/28/26
- B1CBA2601372-0 Clarke
- GDOT
- 5/15/26
- Construction Overflow Parking Lot Cauley Creek Park
- Johns Creek
- 4/2/26
- B2314 Holly Springs Road Davis Road
- Cobb County
- 2/12/26
- 0016351 Barrow
- GDOT
- $4,682,436
- 8/21/26
- 0017405 Gwinnett
- GDOT
- $2,327,000
- 8/21/26
- 0017401 Fulton
- GDOT
- $2,442,469
- 8/21/26
- B2441 Barrett Parkway Burnt Hickory Road
- Cobb County
- $2,277,970
- 8/13/26
- B2102 Collins Road Little Allatoona Creek
- Cobb County
- $2,069,517
- 8/13/26
- 2026 0012 Country Club Patrick Henry Intersection Improvements
- Stockbridge GA
- $1,352,498
- 8/12/26
- Acworth Due West Ragsdale Road Multi Use Trail
- Acworth GA
- $4,699,419
- 8/12/26
- Cooper Road Moon Road Hope Hollow Road Intersection Improvement BL105-26
- Gwinnett County
- $2,340,874
- 8/11/26
- Ridge Road South Puckett Road Intersection Improvements
- Gwinnett County
- $1,523,703
- 7/30/26
- BL102 26 Old Rockbridge Road Williams Road Bishop Circle Singleton Road Pedestrian Improvement
- Gwinnett County
- $1,973,216
- 7/23/26
- Mcdaniel Farm Park Satellite Boulevard Pedestrian Improvement
- Gwinnett County
- $3,911,825
- 7/23/26
- Lakeside Drive Holly Springs Pkwy
- Cherokee County
- $192,601
- 7/21/26
- B3CBA2602311-0 Douglas
- GDOT
- $16,596,937
- 7/17/26
- B1CBA2602337-0 Banks
- GDOT
- $3,932,616
- 7/17/26
- IFB 500 26 State Route 53 Lumpkin Campground Road Intersection Improvements
- Dawson County
- $2,376,791
- 7/9/26
- Wilson Avenue Pedestrian Improvements CDBG
- Buford
- $507,522
- 7/2/26
- BL091 26 Moore Road Crofton Landing Road Drainage Improvement
- Gwinnett County
- $396,243
- 6/25/26
- Peachtree Corners Circle Roundabout
- Peachtree City
- $1,488,800
- 6/15/26
- B1CBA2602083-0 Oconee
- GDOT
- $2,732,534
- 6/12/26
- B3CBA2602100-0 Polk
- GDOT
- $1,523,681
- 6/12/26
- B3CBA2602105-0 Banks
- GDOT
- $1,598,660
- 6/12/26
- B1CBA2602122-0 Fulton
- GDOT
- $3,155,634
- 6/12/26
- B2442 Lost Mountain Road Amberton Drive Hopeton Drive
- Cobb County
- $1,409,483
- 6/11/26
- BL087 26 South Rockbridge Road Pedestrian Improvement
- Gwinnett County
- $3,710,436
- 6/4/26
- SR410 US78 CR 9476 Mountain Industrial Blvd Roadway Improvement
- Tucker
- $8,924,796
- 6/4/26
- Hamilton Road Sidewalk South
- Cobb County
- $686,726
- 5/28/26
- Florence Road Hiram Road Gaydon Road
- Cobb County
- $782,776
- 5/28/26
- East Callaway Road Sidewalk
- Cobb County
- $469,757
- 5/28/26
- Technology Parkway AV Lane Reconfiguration
- Peachtree Corners
- $1,746,122
- 5/19/26
- B1CBA2601372-0 Clarke
- GDOT
- $3,663,356
- 5/15/26
- BL078 26 Bushy Fork Rozena Place Lilly Brook Drive Pedestrian Improvement
- Gwinnett County
- $720,380
- 5/14/26
- Due West SR 92 Realignment
- Paulding County
- $2,488,340
- 5/1/26
- BL064 26 River Drive Everson Road Quinn Ridge Drive Oak Road Improvement
- Gwinnett County
- $2,080,882
- 4/23/26
- 26 32 Jonesboro Road
- Henry County
- $32,186,042
- 4/17/26
- Chapel Hill Road Widening Reconstruction
- Douglas County
- $9,049,720
- 4/17/26
- BL061 26 Buford Highway Kilgore Road Sidewalk Improvement
- Gwinnett County
- $3,944,178
- 4/9/26
- Collins Industrial Way Traffic Safety Improvements
- Lawrenceville
- $1,197,335
- 4/7/26
- Construction Overflow Parking Lot Cauley Creek Park
- Johns Creek
- $475,140
- 4/2/26
- BL051 26 Lawrenceville Suwanee Rd Russell Rd Taylor Rd Dean Rd Winder Highway Hosea Rd Intersection
- Gwinnett County
- $748,690
- 3/26/26
- B1CBA2601181-0 Henry
- GDOT
- $37,123,140
- 3/20/26
- BL042 26 Miller Road Lilburn Stone Mountain Road Garner Road Pedestrian Improvement
- Gwinnett County
- $492,636
- 3/12/26
- North Hill Multi Use Path
- Peachtree City
- $943,416
- 3/10/26
- Gwinnett Drive Widening
- Lawrenceville
- $804,760
- 3/3/26
- BL034 26 Oak Road Mountain View Road Intersection Improvement
- Gwinnett County
- $1,799,364
- 2/20/26
- B3CBA2601364-0 FORSYTH
- GDOT
- $539,371
- 2/20/26
- B1CBA2601365-0 DOUGLAS
- GDOT
- $3,728,136
- 2/20/26
- BL033 26 Jimmy Carter Boulevard Britt Road Williams Road Intersection Improvement
- Gwinnett County
- $803,446
- 2/19/26
- B2314 Holly Springs Road Davis Road
- Cobb County
- $836,025
- 2/12/26
- S2186 Mt Paran Rd Powers Ferry Rd Sidewalk Improvement
- Sandy Springs
- $1,085,309
- 2/10/26
- BL029 26 Cruse Road Regency Drive Oakland Road Intersections Improvement
- Gwinnett County
- $956,360
- 2/5/26
- Nesbit Ferry Road Colony Club Drive Intersection Improvements
- Johns Creek
- $3,644,799
- 1/29/26
- East Cherokee Drive Macedonia Elementary School 82130
- Cherokee County
- $1,020,953
- 1/20/26
- Gulledge Road Creekview Way Improvement
- Paulding County
- $1,147,383
- 1/16/26
- 26 19 Knight Drive
- Henry County
- $1,004,732
- 1/12/26
- 0017405 Gwinnett
- GDOT
- $2,327,000
- 10/20/26
- 120
- 0%
- -
- $2,327,000
- 0017401 Fulton
- GDOT
- $2,442,469
- 10/20/26
- 120
- 0%
- -
- $2,442,469
- B2102 Collins Road Little Allatoona Creek
- Cobb County
- $2,069,517
- 10/12/26
- 300
- 0%
- -
- $2,069,517
- Ridge Road South Puckett Road Intersection Improvements
- Gwinnett County
- $1,523,703
- 09/28/26
- 120
- 0%
- -
- $1,523,703
- Lakeside Drive Holly Springs Pkwy
- Cherokee County
- $192,601
- 09/19/26
- 90
- 0%
- -
- $192,601
- 26 19 Knight Drive
- Gwinnett County
- $396,243
- 08/24/26
- 120
- 6.7%
- $99,061
- $369,827
- 26 19 Knight Drive
- GDOT
- $3,155,634
- 08/11/26
- 120
- 17.5%
- $788,909
- $2,603,398
- 26 19 Knight Drive
- Cobb County
- $686,726
- 07/27/26
- 270
- 13.3%
- $76,303
- $595,163
- 26 19 Knight Drive
- GDOT
- $3,663,356
- 07/14/26
- 120
- 40.8%
- $915,839
- $2,167,486
- 26 19 Knight Drive
- Johns Creek
- $475,140
- 06/01/26
- 120
- 76.7%
- $118,785
- $110,866
- 26 19 Knight Drive
- Cobb County
- $836,025
- 04/13/26
- 180
- 78.3%
- $139,338
- $181,139
- $2,138,235
- $14,583,169

