- APAC Atlantic - NC
- 2026
- 11
- 4
- 36.36%
- $26,968,603
- 4.92%
- 15.48%
- 11.21%
- $71,802,149
- APAC Atlantic - GA
- 2026
- 22
- 5
- 22.73%
- $33,574,314
- 8.52%
- 18.25%
- 8.56%
- $238,208,531
- APAC Atlantic - SC
- 2026
- 9
- 5
- 55.56%
- $44,543,383
- 14.38%
- 9.83%
- 5.31%
- $62,096,251

The contractor faces immediate cash flow constraints with only **$2,326** in total remaining backlog, indicating near-complete projects and minimal active revenue streams. Despite a 60% success rate on 2026 bids securing **$40.7M** in awards, conversion to billable work appears delayed. Focus on accelerating mobilization of recent low bids is essential to stabilize operations.
Medium-term Outlook (6-12 months)
Execution of the **$40.7M** in 2026 awards could rebuild backlog and improve liquidity, building on the improved success rate versus 2025's 33.3% and **$9.5M** in lows. However, the single active project with a 120-month duration offers little near-term support. Sustained bidding momentum will be required to maintain positive cash flow.
Key Risk Period
The period immediately following depletion of the current **$2,326** backlog poses the highest risk, with potential revenue gaps if 2026 awards do not convert promptly. Low historical win rates and minimal pipeline amplify exposure to bid volatility.
Recommendations
Prioritize aggressive bidding on larger-volume opportunities while monitoring award-to-start timelines. Implement weekly cash flow forecasting tied to backlog conversion to mitigate shortfalls.
- S-70 Stuart Point Road Sidewalk IFB 102226
- Beaufort County SC
- $3,390,840
- 10/22/26
- 050 Beaufort
- SCDOT
- $3,143,573
- 9/9/26
- 130 Jasper
- SCDOT
- $9,923,802
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- Sunset Miller Resurfacing Traffic Calming
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- 8/26/26
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- Hardeeville SC
- $69,775
- 2/17/26
- Beaufort County Year 9 Resurfacing
- Beaufort County SC
- $904,965
- 1/22/26
- 100 JASPER
- SCDOT
- $3,333,261
- 1/13/26
- 090 JASPER
- SCDOT
- $11,986,338
- 1/13/26
- Hardeeville Riverport Parkway North
- Hardeeville SC
- $28,671,085
- 1/9/26




