- Kraemer North America - CO
- 2026
- 1
- 0
- 0.00%
- $0
- 0.00%
- 0.00%
- 3.04%
- $14,916,360
- Kraemer North America - WA
- 2026
- 2
- 1
- 50.00%
- $150,500,000
- 0.00%
- 3.18%
- 1.67%
- $204,377,034

With **$0** remaining backlog, the contractor faces immediate revenue gaps and must secure new awards quickly to sustain operations. The single 2026 bid of **$53.9M** yielded no wins, leaving cash flow dependent on prior 2025 revenue of **$3.5M** from one successful project. Focus on accelerating bid responses and mobilizing any pending low bids to bridge this period.
Medium-term Outlook (6-12 months)
Success hinges on improving the current 0% win rate in 2026 to replenish the pipeline beyond the modest **$3.5M** secured in 2025. Without backlog growth, medium-term stability requires converting at least 2-3 competitive bids into awards to restore positive cash flow. Monitoring bid volume and margin discipline will be essential as the firm rebuilds its active project base.
Key Risk Period
The immediate 3-6 month window represents the highest risk due to **$0** backlog and zero recent wins, potentially leading to cash flow shortfalls if bidding momentum does not improve. Prolonged zero-backlog conditions could erode working capital before 2026 opportunities materialize.
Recommendations
Prioritize targeted bidding on 3-5 high-probability projects monthly while tightening cost controls to preserve liquidity. Engage in strategic partnerships or subcontracting to generate interim revenue and rebuild backlog toward **$10M+** within the next year.

