- East Coast Asphalt
- 2026
- 11
- 7
- 63.64%
- $18,148,219
- 7.71%
- 2.57%
- 4.45%
- $27,094,194

East Coast Asphalt enters the period with **$15.8M** in remaining backlog, anchored by recent 2026 awards such as the **$6.0M** Ben Hill and **$2.6M** Coffee projects that retain nearly full value. The **70%** win rate and **7.71%** average margin on low bids support steady cash inflows from these long-duration contracts over the next several months.
Medium-term Outlook (6-12 months)
The **$18.1M** in 2026 low bids, combined with partial burn from the 2025 awards, should sustain operations through the medium term despite reduced bidding volume. Revenue recognition will remain gradual given the predominance of 120-month contract terms.
Key Risk Period
The primary exposure emerges after current backlog depletion if annual bid activity stays at the 2026 level of only 10 submissions, risking a sharp drop in new awards relative to the **$32.4M** secured in 2025.
Recommendations
Prioritize increasing bid submissions to rebuild pipeline while closely tracking the **7.71%** margins on active projects to protect cash flow.
- B1CBA2602371-0 Coffee
- GDOT
- 7/17/26
- B3TIA2602155-0 Ben Hill
- GDOT
- 6/12/26
- Coston Road Paving
- Lee County
- 6/11/26
- Runway T Hanger Taxiway North Apron Rehabilitation
- Fitszgerald
- 6/10/26
- B1CBA2601552-0 Charlton
- GDOT
- 3/20/26
- B1CBA2601531-0 Bacon
- GDOT
- 3/20/26
- B1CBA2601399-0 CAMDEN
- GDOT
- 2/20/26
- M006688 Laurens
- GDOT
- $2,991,164
- 8/21/26
- B1CBA2602371-0 Coffee
- GDOT
- $2,645,406
- 7/17/26
- B3CBA2602467-0 Ware
- GDOT
- $2,433,171
- 7/17/26
- B3CBA2602469-0 Worth
- GDOT
- $2,936,006
- 7/17/26
- B3TIA2602155-0 Ben Hill
- GDOT
- $6,088,960
- 6/12/26
- Coston Road Paving
- Lee County
- $428,609
- 6/11/26
- Runway T Hanger Taxiway North Apron Rehabilitation
- Fitszgerald
- $3,114,737
- 6/10/26
- Roadway Rehabilitation
- Dawsonville
- $585,634
- 5/12/26
- B1CBA2601552-0 Charlton
- GDOT
- $2,391,015
- 3/20/26
- B1CBA2601531-0 Bacon
- GDOT
- $2,228,981
- 3/20/26
- B1CBA2601399-0 CAMDEN
- GDOT
- $1,250,511
- 2/20/26
- B1CBA2602371-0 Coffee
- GDOT
- $2,645,406
- 09/15/26
- 120
- 0%
- -
- $2,645,406
- B1CBA2601399-0 CAMDEN
- GDOT
- $6,088,960
- 08/11/26
- 120
- 17.5%
- $1,522,240
- $5,023,392
- B1CBA2601399-0 CAMDEN
- Lee County
- $428,609
- 08/10/26
- 120
- 18.3%
- $107,152
- $350,031
- B1CBA2601399-0 CAMDEN
- Fitszgerald
- $3,114,737
- 08/09/26
- 120
- 19.2%
- $778,684
- $2,517,746
- B1CBA2601399-0 CAMDEN
- GDOT
- $2,228,981
- 05/19/26
- 365
- 28.8%
- $183,204
- $1,587,767
- B1CBA2601399-0 CAMDEN
- GDOT
- $2,391,015
- 05/19/26
- 365
- 28.8%
- $196,522
- $1,703,189
- $2,787,802
- $13,827,531

