- Farline Bridge - OR
- 2026
- 7
- 1
- 14.29%
- $15,942,578
- 0.35%
- 26.48%
- 10.07%
- $35,285,812

Farline Bridge begins mobilization on its sole **$15.9M** contract awarded March 2026, generating limited initial cash flow over the 120-month duration. With zero awards in 2025 and only one win year-to-date, operating cash remains constrained by low volume and slow recognition on the long-term project.
Medium-term Outlook (6-12 months)
Revenue will accrue gradually from the **$15.9M** backlog, yet the 14.3% success rate and thin pipeline provide minimal replenishment. Sustained operations depend on converting additional bids into backlog before the current contract's early phases complete.
Key Risk Period
The 12- to 24-month window presents elevated risk as the single long-duration project offers insufficient scale, amplifying cash-flow pressure if new awards do not materialize.
Recommendations
Aggressively increase bid volume and refine estimating to raise the win rate above 14%. Secure at least two additional contracts within six months to diversify the **$15.9M** backlog and stabilize liquidity.
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