BidJudge.com - Projects
  • Steve P Rados
  • 2026
  • 8
  • 2
  • 25.00%
  • $171,298,044
  • 8.37%
  • 53.99%
  • 31.94%
  • $276,576,320
2002 East McFadden Avenue
Santa Ana CA
92705
714-835-4612
Health Breakdown
Avg Left
-10
Success
40
Avg Avg
0
Year Proj
2 Year Prior Proj
-30
Qual Based
0
Cash Flow
-40
 
-40%
0%
Health
Financial Health & Pipeline Brief
Analyzed On:  Jun 24, 2026
Steve P Rados (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Contractor enters 2026 with **$440M** remaining backlog and mobilization on the newly awarded **$88M** Western Trunk Line project. Steady cash inflows from long-duration active contracts support positive near-term liquidity. Limited bidding volume (only 7 bids YTD) suggests minimal near-term revenue upside beyond existing work.

Medium-term Outlook (6-12 months)
Execution of the **$45M** Santa Ana and **$88M** Western Trunk Line projects will drive the majority of revenue through 2026. Low historical win rates (4.3–14.3%) indicate continued reliance on the current backlog rather than new awards. Cash flow remains stable provided change orders and progress billings track to plan.

Key Risk Period
The 12–24 month window following substantial completion of the two largest active contracts poses the greatest cash flow pressure if replacement backlog is not secured. Extended contract durations amplify exposure to escalation, labor, and subcontractor risks over this horizon.

Recommendations
Prioritize aggressive bidding on 3–5 targeted opportunities per quarter to rebuild pipeline. Implement monthly cash flow forecasting tied to the **$440M** backlog milestones. Negotiate favorable payment terms and escalation clauses on all new awards to mitigate duration-related risks.
 
JOBS LOW
  • 8071 City Trunk Line North Unit 2
  • Los Angeles
  • 6/16/26
  • 8070 Western Trunk Line Phase 2A
  • Los Angeles
  • 1/8/26
Bidjudge
JOBS BID
  • 8071 City Trunk Line North Unit 2
  • Los Angeles
  • $82,892,044
  • 6/16/26
  • Richards Boulevard Drainage Improvements
  • Sacramento
  • $2,707,130
  • 6/3/26
  • El Dorado Pump Station Rehabilitation
  • Los Angeles County
  • $9,341,352
  • 5/12/26
  • FY24 Water Line Replacement
  • Hayward
  • $15,535,525
  • 5/5/26
  • St Lukes Detention Basin
  • Sacramento
  • $1,684,800
  • 4/29/26
  • Orangewood Avenue Bridge Over Santa Ana River
  • Anaheim
  • $59,610,469
  • 4/16/26
  • Lift Station 80 03 Upgrade Cook Street
  • Coachella Valley Water District
  • $16,399,000
  • 2/24/26
  • 8070 Western Trunk Line Phase 2A
  • Los Angeles
  • $88,406,000
  • 1/8/26
Bidjudge
CASH FLOW
  • 8070 Western Trunk Line Phase 2A
  • Los Angeles
  • $88,406,000
  • 03/09/26
  • 120
  • 95.0%
  • $22,101,500
  • $4,420,300
  • 8070 Western Trunk Line Phase 2A
  • Sacramento County
  • $35,027,171
  • 07/10/23
  • 1100
  • 98.8%
  • $955,286
  • $413,957
  • 8070 Western Trunk Line Phase 2A
  • Santa Clara Valley WD
  • $22,974,470
  • 01/08/22
  • 1670
  • 97.9%
  • $412,715
  • $481,501
  • $23,469,501
  • $88,207,802
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