- Parking Lot Pro PLP
- 2026
- 15
- 4
- 26.67%
- $13,714,608
- 11.22%
- 25.05%
- 13.10%
- $36,715,444

The **$9.5M** remaining backlog across four active SC projects supports steady but gradual cash inflows given the 120-month durations and partial completions already reflected. Recent 2026 bidding yielded **$13.7M** in awards at a 30.8% success rate, positioning the firm for potential near-term starts if mobilization aligns with summer reclamation schedules.
Medium-term Outlook (6-12 months)
Backlog burn will remain slow due to extended contract timelines, limiting revenue acceleration unless new awards supplement the current **$9.5M** pipeline. The sharp drop from 2026 activity to zero wins in 2025 highlights the need for sustained bidding volume to maintain positive cash flow beyond initial project phases.
Key Risk Period
The primary risk window emerges after 12 months if backlog depletion outpaces new wins, especially with only one bid recorded in 2025 and heavy reliance on long-duration municipal work that stretches cash conversion cycles.
Recommendations
Prioritize aggressive bidding on additional Tier 2 and municipal paving opportunities to rebuild pipeline momentum. Monitor monthly burn rates on the four active projects to optimize working capital and avoid liquidity gaps during extended durations.
- RFP 2026074 Spartanburg County Tier 2 Penny Subdivisions Summer Reclamation
- Spartanburg County SC
- 8/6/26
- Spartanburg County Tier 2 Penny Municipal Paving
- Spartanburg County SC
- 6/25/26
- 2026057 Tier 2 Penny Springfield Subdivision Reclamation
- Spartanburg County SC
- 5/7/26
- 2026054 Tier 2 Penny Londonderry Subdivision Reclamation
- Spartanburg County SC
- 3/31/26
- 2026 Annual Street Resurfacing
- Spartanburg SC
- $2,076,118
- 8/27/26
- RFP 2027003 Spartanburg County Tier 2 Penny Roadway Reclamation Red
- Spartanburg County SC
- $2,537,068
- 8/20/26
- RFP 2026074 Spartanburg County Tier 2 Penny Subdivisions Summer Reclamation
- Spartanburg County SC
- $3,953,544
- 8/6/26
- 2026073 Spartanburg County Oak Forest Subdivision Reclamation
- Spartanburg County SC
- $4,237,707
- 7/30/26
- 2026 Road Resurfacing
- Clemson SC
- $1,115,099
- 7/7/26
- Spartanburg County Tier 2 Penny Municipal Paving
- Spartanburg County SC
- $1,273,931
- 6/25/26
- 2026057 Tier 2 Penny Springfield Subdivision Reclamation
- Spartanburg County SC
- $3,497,867
- 5/7/26
- McCormick County Resurfacing Pkg D
- McCormick County SC
- $360,333
- 4/6/26
- McCormick County Resurfacing Pkg C
- McCormick County SC
- $812,744
- 4/6/26
- 2026054 Tier 2 Penny Londonderry Subdivision Reclamation
- Spartanburg County SC
- $4,989,266
- 3/31/26
- Parking Lot Pavement Installation Repair Transit Authority Administration Building
- Fairfield County
- $399,082
- 2/18/26
- 2026 SCDOT Road Resurfacing
- Clemson SC
- $496,998
- 2/11/26
- 2025 2026 Paving 23355CF
- York County SC
- $6,616,633
- 2/4/26
- 2026036 Spartanburg County Crackseal Depth Patch Cape Seal
- Spartanburg County SC
- $4,249,799
- 1/15/26
- 2026026 Spartanburg County Administration Extension Parking Lot Resurfacing
- Spartanburg County SC
- $99,255
- 1/13/26
- RFP 2026074 Spartanburg County Tier 2 Penny Subdivisions Summer Reclamation
- Spartanburg County SC
- $3,953,544
- 10/05/26
- 120
- 0%
- -
- $3,953,544
- 2026026 Spartanburg County Administration Extension Parking Lot Resurfacing
- Spartanburg County SC
- $1,273,931
- 08/24/26
- 120
- 27.5%
- $318,483
- $923,600
- 2026026 Spartanburg County Administration Extension Parking Lot Resurfacing
- Spartanburg County SC
- $3,497,867
- 07/06/26
- 120
- 68.3%
- $874,467
- $1,107,658
- 2026026 Spartanburg County Administration Extension Parking Lot Resurfacing
- Spartanburg County SC
- $4,989,266
- 05/30/26
- 120
- 99.2%
- $1,247,317
- $41,577
- $2,440,267
- $6,026,379


