BidJudge.com - Projects
Wendy Vickery
wendy.vickery@hubbard.com
1936 Lee Road
Suite 300
Winter Park FL
32789
(407) 645-5500
Health Breakdown
Avg Left
50
Success
40
Avg Avg
10
Year Proj
-30
2 Year Prior Proj
Qual Based
0
Cash Flow
-40
 
30%
30%
Health
Financial Health & Pipeline Brief
Analyzed On:  Aug 13, 2026
Hubbard Construction Company (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Hubbard holds **$32M** in remaining backlog from 2026 awards of **$42M** across seven active projects with bid dates from March to July 2026. Long contract durations of 120-300 months will limit near-term cash inflows despite an improved **24.2%** success rate. Revenue burn is expected to remain gradual given the extended timelines.

Medium-term Outlook (6-12 months)
Backlog depletion will stay slow due to the multi-year durations, requiring continued bidding momentum to sustain volume beyond the **$78M** won in 2025. The contractor's reduced bid count of 33 jobs in 2026 versus 55 in 2025 signals a need for pipeline replenishment. Cash flow stability hinges on converting recent low bids into executed work.

Key Risk Period
Extended contract durations create a prolonged risk window beyond 12 months where **$32M** backlog converts to cash at a low rate, potentially straining liquidity if new awards slow. The drop in total low volume from **$78M** to **$42M** heightens exposure if success rates decline.

Recommendations
Prioritize shorter-duration projects in future bids to accelerate cash conversion from the current **$32M** backlog. Maintain bidding discipline at the improved **24.2%** success rate while targeting higher annual volume to offset long-term burn rates.
 
JOBS LOW
  • Asphalt Milling Patch Paving Asphalt Roads Parking Lots
  • Fernandina Beach
  • 7/30/26
  • Roadway Resurfacing and Repair Surtax WORCS 3
  • Hillsborough County
  • 6/5/26
  • T7587 HILLSBOROUGH
  • FDOT
  • 5/20/26
  • Pine Crest Manor Blvd W Lambright St W Sligh Ave Resurfacing
  • Hillsborough County
  • 5/8/26
  • Taxiway A Holding Bay
  • Lakeland
  • 4/24/26
  • T2963 DUVAL
  • FDOT
  • 3/25/26
  • T2A61 NASSAU
  • FDOT
  • 3/25/26
  • City Lake Mary Milling Paving
  • Lake Mary
  • 1/12/26
Bidjudge
JOBS BID
  • T1940 HIGHLANDS
  • FDOT
  • $18,557,723
  • 8/26/26
  • T2A75 DUVAL
  • FDOT
  • $2,278,269
  • 8/26/26
  • T2A78 DUVAL
  • FDOT
  • $4,292,905
  • 8/26/26
  • T5890 ORANGE
  • FDOT
  • $6,004,860
  • 8/26/26
  • T7614 PASCO
  • FDOT
  • $5,626,217
  • 8/26/26
  • Rifle Range Road Drainage Improvements CDBG
  • Polk County
  • $2,589,974
  • 8/5/26
  • Asphalt Milling Patch Paving Asphalt Roads Parking Lots
  • Fernandina Beach
  • $500,000
  • 7/30/26
  • T2A29 DUVAL
  • FDOT
  • $10,524,957
  • 7/29/26
  • CT260715 SR 400 I 4 SR 600 US 17 92
  • FDOT
  • $21,129,844
  • 7/29/26
  • County Road 557 Widening
  • Polk County
  • $97,929,816
  • 7/22/26
  • Roadway Resurfacing Repair Surtax WORCS 4
  • Hillsborough County
  • $16,746,927
  • 7/8/26
  • Asphalt Milling Resurfacing Friction Course Asphalt Berms
  • Orange County - FL
  • $103,649,725
  • 6/18/26
  • T5888 LAKE
  • FDOT
  • $30,857,858
  • 6/10/26
  • T2A47 DUVAL
  • FDOT
  • $952,503
  • 6/10/26
  • Roadway Resurfacing and Repair Surtax WORCS 3
  • Hillsborough County
  • $14,500,472
  • 6/5/26
  • Rehabilitate Shift Taxiway A Phases 1 2 Kissimmee Gateway Airport
  • Kissimmee
  • $21,653,667
  • 6/2/26
  • T5863 SEMINOLE
  • FDOT
  • $6,995,761
  • 5/20/26
  • T7587 HILLSBOROUGH
  • FDOT
  • $7,418,952
  • 5/20/26
  • T7595 HILLSBOROUGH
  • FDOT
  • $12,835,550
  • 5/20/26
  • Roadway Resurfacing Repair Surtax WORCS 2
  • Hillsborough County
  • $17,137,115
  • 5/12/26
  • Pine Crest Manor Blvd W Lambright St W Sligh Ave Resurfacing
  • Hillsborough County
  • $2,516,149
  • 5/8/26
  • Taxiway A Holding Bay
  • Lakeland
  • $8,230,335
  • 4/24/26
  • Church Street Phase I Roadway Improvements
  • Orlando
  • $5,344,079
  • 4/23/26
  • T1928 LEE
  • FDOT
  • $2,483,811
  • 3/25/26
  • T2A61 NASSAU
  • FDOT
  • $1,544,726
  • 3/25/26
  • T2963 DUVAL
  • FDOT
  • $5,597,608
  • 3/25/26
  • 26 005 Asphalt Paving FY 2026
  • Ocoee
  • $2,400,891
  • 3/24/26
  • Zephyr Creek Phase 1 Drainage Improvements
  • Pasco County
  • $4,130,393
  • 3/10/26
  • Thompson Nursery Road Extension Phase 1 Segment 1
  • Polk County
  • $38,915,498
  • 3/4/26
  • Resurfacing City Streets
  • Orlando
  • $14,079,943
  • 1/30/26
  • SR 202 JTB SR 5 US 1 T2A56
  • FDOT
  • $15,191,592
  • 1/28/26
  • T7579 HILLSBOROUGH
  • FDOT
  • $1,846,439
  • 1/28/26
  • T5874 ORANGE
  • FDOT
  • $10,455,290
  • 1/28/26
  • T2A54 DUVAL
  • FDOT
  • $5,759,135
  • 1/28/26
  • T2A49 DUVAL
  • FDOT
  • $2,915,280
  • 1/28/26
  • T2A56 DUVAL
  • FDOT
  • $15,191,592
  • 1/28/26
  • E1W96 POLK
  • FDOT
  • $11,310,308
  • 1/15/26
  • City Lake Mary Milling Paving
  • Lake Mary
  • $1,856,285
  • 1/12/26
Bidjudge
CASH FLOW
  • City Lake Mary Milling Paving
  • Hillsborough County
  • $14,500,472
  • 08/04/26
  • 120
  • 25.8%
  • $3,625,118
  • $10,754,517
  • City Lake Mary Milling Paving
  • FDOT
  • $7,418,952
  • 07/19/26
  • 225
  • 20.9%
  • $989,194
  • $5,869,215
  • City Lake Mary Milling Paving
  • Hillsborough County
  • $2,516,149
  • 07/07/26
  • 120
  • 49.2%
  • $629,037
  • $1,279,042
  • City Lake Mary Milling Paving
  • Lakeland
  • $8,230,335
  • 06/23/26
  • 120
  • 60.8%
  • $2,057,584
  • $3,223,548
  • City Lake Mary Milling Paving
  • FDOT
  • $1,544,726
  • 05/24/26
  • 300
  • 34.3%
  • $154,473
  • $1,014,370
  • City Lake Mary Milling Paving
  • FDOT
  • $5,597,608
  • 05/24/26
  • 240
  • 42.9%
  • $699,701
  • $3,195,301
  • $8,155,107
  • $25,835,993
Bidjudge