BidJudge.com - Projects
  • Steve P Rados
  • 2026
  • 12
  • 2
  • 16.67%
  • $171,298,044
  • 8.37%
  • 47.33%
  • 26.46%
  • $454,344,287
2002 East McFadden Avenue
Santa Ana CA
92705
714-835-4612
Health Breakdown
Avg Left
-10
Success
30
Avg Avg
0
Year Proj
50
2 Year Prior Proj
-30
Qual Based
0
Cash Flow
-40
 
0%
0%
Health
Financial Health & Pipeline Brief
Analyzed On:  Aug 13, 2026
Steve P Rados (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Contractor faces minimal revenue generation ahead of the June 2026 project start, with only residual activity from the small **$44.8M** 2025 award and **$9.8M** 2024 award. Low historical win rates (**4.3%** in 2025 and **7.7%** in 2024) limit new backlog additions in the immediate term. Cash flow pressure is likely until mobilization begins on the primary contract.

Medium-term Outlook (6-12 months)
The **$82.9M** City Trunk Line project, bid in June 2026 with 120-month duration, will establish a stable long-term revenue base once underway. Combined with **$171.3M** in 2026 low bids and improved **22.2%** success rate, this supports backlog growth and utilization through year-end. Execution on this single large project becomes the dominant cash flow driver.

Key Risk Period
The pre-June 2026 window is the key risk period due to near-zero active backlog outside the future award and persistent low bidding success. Dependency on one extended contract heightens vulnerability to delays or mobilization issues.

Recommendations
Prioritize aggressive pursuit of mid-sized, shorter-duration projects to bridge the gap and stabilize cash flow. Maintain bidding discipline on the **$281.4M** 2026 pipeline while monitoring burn rates on the long-duration trunk line contract.
 
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
  • Copper Basin Reservoir Discharge Valve Replacement
  • Metropolitan Water District of Southern California
  • $54,591,750
  • 10/20/26
  • Ramon Road Bridge Widening Project Bid 08 25
  • Palm Springs
  • $57,614,960
  • 10/9/26
  • Avenue 50 Bridge Over Coachella Valley Stormwater Channel Improvement
  • Coachella
  • $60,764,533
  • 9/3/26
  • Mills Crossing Right Of Way Infrastructure
  • Rancho Cordova
  • $4,796,724
  • 7/16/26
  • 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
  • $82,892,044
  • 08/15/26
  • 120
  • 72.5%
  • $20,723,011
  • $22,795,312
  • $20,723,011
  • $22,795,312
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