BidJudge.com - Projects
info@carolinacivilworks.com
3511 E US 70 Hwy
Durham NC
27703
919-598-9850
Health Breakdown
Avg Left
-10
Success
50
Avg Avg
5
Year Proj
20
2 Year Prior Proj
Qual Based
0
Cash Flow
-40
 
25%
25%
Health
Financial Health & Pipeline Brief
Analyzed On:  Aug 13, 2026
Carolina Civil Works (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Current backlog of **$7.8M** across three long-duration projects provides limited near-term revenue visibility, with slow monthly burn rates due to 120-month contracts. Bidding activity declined sharply in 2026 to **$8M** in awards versus **$29.2M** in 2025, constraining cash flow replenishment. Success rate of 60% supports steady but modest pipeline conversion if bidding volume increases.

Medium-term Outlook (6-12 months)
Backlog exhaustion risk rises without accelerated wins, as 2026 totals remain well below prior-year levels and long project durations delay full recognition. Sustained 60%+ win rates could stabilize operations if total bids exceed **$40M** annually to offset the **$7.8M** remaining balance.

Key Risk Period
The 9-15 month window represents peak exposure if 2026 bidding trends persist, potentially creating cash flow gaps after initial backlog drawdown amid extended contract timelines.

Recommendations
Prioritize shorter-duration bids to accelerate cash conversion and target **$25M+** in annual awards; monitor monthly burn rates on existing projects to maintain positive liquidity.
 
JOBS LOW
  • Durham Miscellaneous Waterline Replacements
  • Durham
  • 9/1/26
  • Audubon Glenn View LS Improvements
  • Durham
  • 8/4/26
  • Downing Creek Lift Station Improvements
  • Durham
  • 7/23/26
  • Crooked Pine Road Water Main Extension
  • Cape Fear
  • 7/21/26
  • Water Valve Replacement Find It Fix It
  • Cape Fear
  • 7/14/26
  • Holly Shelter Business Park Infrastructure Phase 1
  • New Hanover County
  • 6/9/26
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JOBS BID
  • Durham Miscellaneous Waterline Replacements
  • Durham
  • $5,141,024
  • 9/1/26
  • Elizabeth Street Waterline Replacements
  • Durham
  • $15,609,678
  • 8/12/26
  • Audubon Glenn View LS Improvements
  • Durham
  • $4,255,556
  • 8/4/26
  • Town Apex Big Branch 2 Pump Station
  • Apex
  • $20,010,710
  • 7/29/26
  • Downing Creek Lift Station Improvements
  • Durham
  • $2,298,065
  • 7/23/26
  • Crooked Pine Road Water Main Extension
  • Cape Fear
  • $505,125
  • 7/21/26
  • Water Valve Replacement Find It Fix It
  • Cape Fear
  • $914,442
  • 7/14/26
  • Holly Shelter Business Park Infrastructure Phase 1
  • New Hanover County
  • $6,595,485
  • 6/9/26
  • Town Apex Western Wake Transmission Phase 2
  • Apex
  • $1,220,305
  • 6/9/26
  • Biltmore Area Water Main Replacement Sanitary Sewer Rehabilitation
  • Raleigh
  • $12,665,815
  • 4/14/26
  • Debris Drying Staging Area
  • Cape Fear
  • $589,930
  • 3/3/26
Bidjudge
CASH FLOW
  • Debris Drying Staging Area
  • Durham
  • $4,255,556
  • 10/03/26
  • 120
  • 13.3%
  • $1,063,889
  • $3,688,149
  • Debris Drying Staging Area
  • Durham
  • $2,298,065
  • 09/21/26
  • 120
  • 23.3%
  • $574,516
  • $1,761,850
  • Debris Drying Staging Area
  • Cape Fear
  • $505,125
  • 09/19/26
  • 120
  • 25.0%
  • $126,281
  • $378,844
  • Debris Drying Staging Area
  • Cape Fear
  • $914,442
  • 09/12/26
  • 120
  • 30.8%
  • $228,611
  • $632,489
  • Debris Drying Staging Area
  • New Hanover County
  • $6,595,485
  • 08/08/26
  • 120
  • 60.0%
  • $1,648,871
  • $2,638,194
  • $3,642,168
  • $14,240,550
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