- Willmeng Construction - AZ
- 2026
- 1
- 1
- 100.00%
- $12,000,000
- 0.00%
- 0.00%
- 0.00%
- $12,000,000

Willmeng enters the period with **$15M** in remaining backlog, dominated by the **$11M** Fire Station project awarded in 2026. Steady progress on this CMAR contract and the **$1.9M** Mayo Blvd paving job should generate consistent cash inflows through mid-year. Limited near-term burn on smaller legacy projects supports positive operating cash flow.
Medium-term Outlook (6-12 months)
Backlog will decline to roughly **$4M** once the two largest active projects reach substantial completion. The 2025 and 2024 awards have already been largely worked off, leaving only minor JOC and park balances. New wins will be required to prevent a revenue drop-off by year-end.
Key Risk Period
The 9- to 12-month window presents the highest risk as current backlog is exhausted and only one new project has been secured for 2026. Historical bidding volume of just 1–7 jobs per year offers little cushion if competition intensifies or award timing slips.
Recommendations
Prioritize aggressive pursuit of 3–5 additional CMAR or DB opportunities in the next quarter to rebuild backlog above **$30M**. Monitor monthly cash draws on the Fire Station project to maintain liquidity through the transition.
- (CMAR) Bond 34 Build New Fire Station 90th Street Via Linda Replace Aging Facility
- Scottsdale
- $12,000,000
- 06/15/26
- 730
- 15.8%
- $493,151
- $10,109,589
- (CMAR) Bond 34 Build New Fire Station 90th Street Via Linda Replace Aging Facility
- Scottsdale
- $10,000,000
- 09/22/25
- 400
- 95.3%
- $750,000
- $475,000
- (CMAR) Bond 34 Build New Fire Station 90th Street Via Linda Replace Aging Facility
- Chandler
- $175,583
- 05/06/25
- 730
- 71.4%
- $7,216
- $50,270
- (CMAR) Bond 34 Build New Fire Station 90th Street Via Linda Replace Aging Facility
- Scottsdale
- $11,000,000
- 12/21/24
- 730
- 89.9%
- $452,055
- $1,115,068
- $1,702,422
- $11,749,927




