- Interstate Concrete & Asphalt - WA
- 2026
- 7
- 3
- 42.86%
- $20,057,365
- 5.83%
- 13.95%
- 10.16%
- $33,077,574

Interstate Concrete & Asphalt holds **$37.6M** in remaining backlog, anchored by three 2026 wins totaling **$20.1M** with bid dates in March–May. These projects, including two **$9.7M** paving jobs, will drive near-term cash inflows assuming standard mobilization schedules. Low average left on low (**5.83%**) supports steady but thin margins during execution.
Medium-term Outlook (6-12 months)
The four 2025 low bids (**$17.5M** total) transition into active phases, sustaining workload through year-end with durations of 56–120 months. Overall success rate of **33.3%–42.9%** indicates continued bidding volume will be required to replenish backlog beyond current levels. Cash flow should remain positive if change orders offset the modest **4.67%–5.83%** margins.
Key Risk Period
Extended contract durations create overlap risk in late 2026–2027, potentially straining resources if new awards slow. Thin margins and historically low win rates heighten exposure to cost escalation or delayed payments on the **$37.6M** backlog.
Recommendations
Prioritize bids with higher margin potential and accelerate subcontractor prequalification to protect cash flow. Monitor monthly burn rates on the two **$9.7M** projects to identify early liquidity gaps.
- SR 241 SR 14 Sunnyside Vic Columbia River Vic Wheel Path Chip Seal
- WSDOT
- $9,743,127
- 5/20/26
- US 12 W Gulch Bridge Rimrock Retreat Paving
- WSDOT
- $9,743,127
- 5/6/26
- US 2 Cashmere West Paving
- WSDOT
- $7,112,145
- 4/22/26
- 2026 Bituminous Surface Treatment Area 2
- Benton County
- $1,816,346
- 4/2/26
- P2606 2026 Bituminous Surface Treatment Seal Coat
- Kennewick
- $571,111
- 3/24/26
- 2026 Independence Road Improvement
- Yakima County
- $2,742,310
- 2/19/26
- Bull Road East Mtn View Ave Traffic Signal Intersection Improvements
- Ellensburg
- $1,349,408
- 1/20/26
- Bull Road East Mtn View Ave Traffic Signal Intersection Improvements
- WSDOT
- $9,743,127
- 07/19/26
- 120
- 5.0%
- $2,435,782
- $9,255,971
- Bull Road East Mtn View Ave Traffic Signal Intersection Improvements
- WSDOT
- $9,743,127
- 07/05/26
- 115
- 17.4%
- $2,541,685
- $8,048,670
- Bull Road East Mtn View Ave Traffic Signal Intersection Improvements
- Kennewick
- $571,111
- 05/23/26
- 120
- 52.5%
- $142,778
- $271,278
- $5,120,245
- $17,575,919


