BidJudge.com - Projects
contactpmi@preferredmaterials.com
4636 Scarborough Drive
Lutz FL
813-973-2888
Health Breakdown
Avg Left
-10
Success
40
Avg Avg
10
Year Proj
50
2 Year Prior Proj
Qual Based
0
Cash Flow
-40
 
50%
50%
Health
Financial Health & Pipeline Brief
Analyzed On:  Aug 13, 2026
Preferred Materials (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Preferred Materials holds **$30.8M** in remaining backlog, dominated by the **$23.5M** T7534 Hillsborough project. Execution of this and smaller active contracts should sustain cash flow through mid-year, supported by the **$36.5M** in 2026 low bids. Margin pressure from the 12.56% average left on low bids requires close monitoring to avoid early overruns.

Medium-term Outlook (6-12 months)
Backlog replenishment will depend on reversing the decline in win rate from 16.2% to 13.6% and total low-bid volume from **$67.8M** to **$36.5M**. The five listed projects provide limited visibility beyond the current **$30.8M**, creating a need for aggressive bidding in FL markets. Sustained execution at current margins could stabilize operations if new awards materialize by year-end.

Key Risk Period
The period beyond 12 months presents the highest risk as the long-duration contracts (up to 970 months) offer minimal near-term revenue acceleration while the reduced 2026 bidding success signals potential backlog erosion. Without improved hit rates, cash flow gaps may emerge once the **$23.5M** project nears completion.

Recommendations
Prioritize margin recovery on active jobs and increase bid volume selectively to restore the success rate above 15%. Focus resources on FL DOT opportunities to rebuild the **$30.8M** backlog within the next two quarters.
 
JOBS LOW
  • Resurfacing South McCall Rd Other South County Roads
  • Sarasota County
  • 9/23/26
  • T2A74 ALACHUA
  • FDOT
  • 8/26/26
  • T2A75 DUVAL
  • FDOT
  • 8/26/26
  • T1945 MANATEE
  • FDOT
  • 8/26/26
  • Fiscal Year 2027 Pavement Preservation Package 2
  • Pinellas County
  • 8/4/26
  • Fiscal Year 2027 Pavement Preservation Package 4
  • Pinellas County
  • 7/21/26
  • Fiscal Year 2027 Pavement Preservation Package 1
  • Pinellas County
  • 7/7/26
  • T7534 HILLSBOROUGH
  • FDOT
  • 6/10/26
  • Widening Resurfacing CR 229 N Verdie Dorman Rd 3 9 Miles North Verdie Dorman Rd
  • Baker County
  • 2/19/26
  • T2A49 DUVAL
  • FDOT
  • 1/28/26
  • T2A54 DUVAL
  • FDOT
  • 1/28/26
  • T7579 HILLSBOROUGH
  • FDOT
  • 1/28/26
  • FY 2026 Mill Overlay Various Street Locations Dunedin
  • Dunedin
  • 1/27/26
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JOBS BID
  • Resurfacing South McCall Rd Other South County Roads
  • Sarasota County
  • $4,560,862
  • 9/23/26
  • Resurfacing Bahia Vista St North County Roads
  • Sarasota County
  • $13,112,597
  • 9/18/26
  • T7614 PASCO
  • FDOT
  • $7,146,825
  • 8/26/26
  • T2A74 ALACHUA
  • FDOT
  • $3,511,851
  • 8/26/26
  • T2A78 DUVAL
  • FDOT
  • $4,086,676
  • 8/26/26
  • T2A75 DUVAL
  • FDOT
  • $2,092,517
  • 8/26/26
  • T1945 MANATEE
  • FDOT
  • $15,653,922
  • 8/26/26
  • T2A69 ALACHUA
  • FDOT
  • $6,077,672
  • 8/26/26
  • North Himes Avenue West Waters Avenue
  • Hillsborough County
  • $1,986,891
  • 8/21/26
  • Asphalt Resurfacing
  • Osceola County
  • $128,207,135
  • 8/18/26
  • Fiscal Year 2027 Pavement Preservation Package 2
  • Pinellas County
  • $4,973,836
  • 8/4/26
  • T2A29 DUVAL
  • FDOT
  • $9,236,795
  • 7/29/26
  • T1942 MANATEE
  • FDOT
  • $11,070,010
  • 7/29/26
  • T7599 HERNANDO
  • FDOT
  • $8,626,077
  • 7/29/26
  • T5891 BREVARD
  • FDOT
  • $15,894,822
  • 7/29/26
  • T5889 Brevard SR 46
  • FDOT
  • $3,588,294
  • 7/29/26
  • FY2026 Airfield Pavement Rehabilitation
  • Pinellas County
  • $907,766
  • 7/28/26
  • Fiscal Year 2027 Pavement Preservation Package 4
  • Pinellas County
  • $5,400,093
  • 7/21/26
  • Fiscal Year 2027 Pavement Preservation Package 3
  • Pinellas County
  • $5,138,434
  • 7/21/26
  • Roadway Resurfacing Repair Surtax WORCS 4
  • Hillsborough County
  • $16,661,875
  • 7/8/26
  • Fiscal Year 2027 Pavement Preservation Package 1
  • Pinellas County
  • $5,749,213
  • 7/7/26
  • Asphalt Milling Resurfacing Friction Course Asphalt Berms
  • Orange County - FL
  • $113,821,563
  • 6/18/26
  • T2A50 LEVY
  • FDOT
  • $16,175,712
  • 6/10/26
  • T2A63 ALACHUA
  • FDOT
  • $4,541,528
  • 6/10/26
  • T7534 HILLSBOROUGH
  • FDOT
  • $23,563,969
  • 6/10/26
  • T2A47 DUVAL
  • FDOT
  • $812,997
  • 6/10/26
  • Roadway Resurfacing and Repair Surtax WORCS 3
  • Hillsborough County
  • $14,789,743
  • 6/5/26
  • T7595 HILLSBOROUGH
  • FDOT
  • $13,603,764
  • 5/20/26
  • T2A66 LEVY
  • FDOT
  • $3,216,042
  • 5/20/26
  • T7587 HILLSBOROUGH
  • FDOT
  • $8,978,340
  • 5/20/26
  • T7607 PASCO
  • FDOT
  • $1,845,310
  • 5/20/26
  • T7609 HILLSBOROUGH
  • FDOT
  • $532,848
  • 5/20/26
  • T7610 PINELLAS
  • FDOT
  • $22,740,122
  • 5/20/26
  • Roadway Resurfacing Repair Surtax WORCS 2
  • Hillsborough County
  • $16,928,901
  • 5/12/26
  • Pine Crest Manor Blvd W Lambright St W Sligh Ave Resurfacing
  • Hillsborough County
  • $2,863,101
  • 5/8/26
  • County Road 1471 Major Rehabilitation US 301 Bradford County Line
  • Alachua County
  • $4,545,052
  • 4/29/26
  • T2963 DUVAL
  • FDOT
  • $5,958,101
  • 3/25/26
  • T1925 CHARLOTTE
  • FDOT
  • $3,704,435
  • 3/25/26
  • T2A61 NASSAU
  • FDOT
  • $1,670,535
  • 3/25/26
  • T2A70 LEVY
  • FDOT
  • $11,904,651
  • 3/25/26
  • T7586 [DISTRICT 06]
  • FDOT
  • $4,247,408
  • 3/25/26
  • T1919 CHARLOTTE
  • FDOT
  • $8,559,527
  • 3/25/26
  • T1915 LEE
  • FDOT
  • $7,984,400
  • 3/25/26
  • T1932 CHARLOTTE
  • FDOT
  • $2,787,919
  • 3/25/26
  • T5876 BREVARD
  • FDOT
  • $26,917,659
  • 3/25/26
  • 26 005 Asphalt Paving FY 2026
  • Ocoee
  • $2,868,187
  • 3/24/26
  • Cape Coral Parkway East 6 Laning Improvements
  • Cape Coral
  • $2,752,657
  • 2/25/26
  • CR 584 Waters Ave Florida Mining Blvd Intersection Improvements
  • Hillsborough County
  • $1,964,552
  • 2/20/26
  • Widening Resurfacing CR 229 N Verdie Dorman Rd 3 9 Miles North Verdie Dorman Rd
  • Baker County
  • $2,584,046
  • 2/19/26
  • BPW2621MR Major Roads Resurfacing FY2026
  • Cape Coral
  • $6,688,650
  • 2/2/26
  • BPW2631MR FY2026 Local Roads Resurfacing
  • Cape Coral
  • $6,671,975
  • 2/2/26
  • Resurfacing City Streets
  • Orlando
  • $22,911,935
  • 1/30/26
  • T1922 MANATEE
  • FDOT
  • $13,275,277
  • 1/28/26
  • T2A49 DUVAL
  • FDOT
  • $2,497,013
  • 1/28/26
  • T2A54 DUVAL
  • FDOT
  • $4,940,379
  • 1/28/26
  • T7577 HERNANDO
  • FDOT
  • $9,518,858
  • 1/28/26
  • T7579 HILLSBOROUGH
  • FDOT
  • $1,641,667
  • 1/28/26
  • FY 2026 Mill Overlay Various Street Locations Dunedin
  • Dunedin
  • $1,248,310
  • 1/27/26
  • County Road No 222 NW 39th Avenue NW 97th Boulevard Safety Improvements
  • Alachua County
  • $1,068,985
  • 1/7/26
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CASH FLOW
  • County Road No 222 NW 39th Avenue NW 97th Boulevard Safety Improvements
  • Pinellas County
  • $5,400,093
  • 09/19/26
  • 120
  • 5.0%
  • $1,350,023
  • $5,130,088
  • County Road No 222 NW 39th Avenue NW 97th Boulevard Safety Improvements
  • Pinellas County
  • $5,749,213
  • 09/05/26
  • 120
  • 16.7%
  • $1,437,303
  • $4,791,011
  • County Road No 222 NW 39th Avenue NW 97th Boulevard Safety Improvements
  • FDOT
  • $23,563,969
  • 08/09/26
  • 970
  • 4.8%
  • $728,783
  • $22,422,210
  • County Road No 222 NW 39th Avenue NW 97th Boulevard Safety Improvements
  • FDOT
  • $4,940,379
  • 03/29/26
  • 210
  • 85.7%
  • $705,768
  • $705,768
  • County Road No 222 NW 39th Avenue NW 97th Boulevard Safety Improvements
  • FDOT
  • $14,626,388
  • 12/28/25
  • 350
  • 77.4%
  • $1,253,690
  • $3,301,385
  • $5,475,567
  • $67,143,450
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