- Interlaken - OR
- 2026
- 14
- 3
- 21.43%
- $8,583,807
- 2.50%
- 23.82%
- 7.66%
- $36,828,997

With **$0** remaining backlog and zero awards secured in 2025, cash flow will remain constrained absent immediate new project starts. The **$7.77M** in 2026 low bids provides limited near-term revenue visibility at a 22.2% success rate. Focus must shift to accelerating mobilization on recent wins to stabilize operations.
Medium-term Outlook (6-12 months)
Bidding volume of nine jobs in both 2025 and 2026 indicates sustained market activity, yet the lack of backlog conversion creates a gap through mid-2026. Successful execution of the **$7.77M** awarded work could rebuild pipeline momentum if margins hold near the 2.67% average left on low bids. Sustained win rates above 20% will be required to support positive cash flow.
Key Risk Period
The current period through Q3 2026 represents the highest risk due to **$0** active backlog and the complete absence of 2025 awards, exposing the firm to potential liquidity shortfalls. Delayed starts on 2026 projects would extend this exposure into the medium term.
Recommendations
Prioritize rapid pursuit of additional bids to rebuild backlog above **$10M** within six months while tightening overhead to preserve cash. Implement weekly cash-flow forecasting tied to bid results to mitigate the zero-backlog exposure.
- BID 2026 65 Bear Creek Culvert Molalla Ave Shoulders
- Clackamas County
- $2,732,980
- 10/14/26
- Beaverton Creek Trail Westside Trail SW Hocken AVE
- ODOT
- $4,527,802
- 9/24/26
- Waverly South 26th Avenue Improvements
- Milwaukie
- $813,945
- 9/15/26
- Wilson Dr Ave Waterline Replacement
- Beaver
- $1,193,898
- 9/8/26
- 27 002 RFP Wilson Dr Ave Waterline Replacement
- Beaverton
- $344,950
- 9/8/26
- Monroe Street Greenway Central Segment
- Milwaukie
- $3,087,781
- 8/6/26
- 26079 ITB SW Juniper Terrace Waterline Improvements
- Beaverton
- $380,355
- 7/21/26
- US30BY Curb Ramps Phase 2
- ODOT
- $7,715,304
- 6/11/26
- NE Cleveland Ave SE Stark St NE Burnside
- Gresham
- $4,474,289
- 5/11/26
- Redfern Ave Drainage Improvements
- Lake Oswego
- $955,505
- 2/3/26
- Ash Meadows Boeckman Creek Flow Mitigation 7068
- Wilsonville
- $4,435,537
- 1/29/26
- 22nd Street Hart Road Waterline Sewer Rehab
- Beaverton
- $1,777,609
- 1/20/26
- 100816 26 27 ADA Ramps 4
- Washington County
- $1,054,717
- 1/14/26
- McVey Pump Station Replacement
- Lake Oswego
- $3,334,325
- 1/8/26

