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3036 East Greenway Road
Phoenix AZ
85032
602-494-0800
602-992-0669
Health Breakdown
Avg Left
50
Success
50
Avg Avg
15
Year Proj
50
2 Year Prior Proj
-30
Qual Based
0
Cash Flow
25
 
160%
100%
Health
Financial Health & Pipeline Brief
Analyzed On:  Jun 26, 2026
CORE Construction, Inc. (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
CORE Construction enters the period with mobilization on two 2026 CMAR awards totaling **$33.5M**, providing immediate cash inflows against the **$301M** backlog. Execution of the **$19M** Fire Station 310 and **$14.5M** Fire Station 189 projects will sustain positive operating cash flow through mid-year.

Medium-term Outlook (6-12 months)
The **$30M** in 2025 awards will reach peak billing, layering additional revenue onto the remaining **$301M** backlog and supporting margin stability. Continued 100% bid success on limited volume maintains backlog levels without significant new contract additions.

Key Risk Period
Extended contract durations on older awards create a potential cash flow trough in late 2027–2028 once the 2025–2026 projects wind down, given the pattern of only two bids per year.

Recommendations
Accelerate pursuit of additional CMAR opportunities in 2026 to replenish backlog ahead of the risk window; implement monthly cash flow forecasting tied to the **$301M** backlog to preserve liquidity.
 
JOBS LOW
  • (CMAR) Fire Station 310
  • Surprise
  • 4/30/26
  • (CMAR) Fire Station 189
  • Goodyear
  • 2/5/26
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JOBS BID
  • (CMAR) Fire Station 310
  • Surprise
  • $19,000,000
  • 4/30/26
  • (CMAR) Fire Station 189
  • Goodyear
  • $14,500,000
  • 2/5/26
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CASH FLOW
  • (CMAR) Fire Station 189
  • Surprise
  • $19,000,000
  • 06/29/26
  • 730
  • 4.5%
  • $780,822
  • $18,141,096
  • (CMAR) Fire Station 189
  • Goodyear
  • $14,500,000
  • 04/06/26
  • 730
  • 16.0%
  • $595,890
  • $12,176,027
  • (CMAR) Fire Station 189
  • Buckeye
  • $12,000,000
  • 11/03/25
  • 400
  • 67.8%
  • $900,000
  • $3,870,000
  • (CMAR) Fire Station 189
  • Avondale
  • $18,000,000
  • 09/12/25
  • 730
  • 44.2%
  • $739,726
  • $10,035,616
  • (CMAR) Fire Station 189
  • Northland Pioneer College
  • $8,895,000
  • 09/25/24
  • 730
  • 92.6%
  • $365,548
  • $657,986
  • $3,381,986
  • $44,880,725
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