- Parking Lot Pro PLP
- 2026
- 11
- 3
- 27.27%
- $9,761,064
- 13.82%
- 29.87%
- 14.71%
- $23,911,007

The **$8.5M** backlog from the two 2026 awards (**$3.5M** and **$5M**) will begin generating cash flow upon mobilization, though the 120-month durations imply slow initial burn rates and front-loaded costs. Limited 2025 bidding activity (zero wins) constrains near-term revenue visibility.
Medium-term Outlook (6-12 months)
Execution on the full **$8.5M** backlog should stabilize operations through mid-2027, supported by the 22.2% 2026 win rate on nine bids. Sustained positive cash flow depends on timely progress billings and minimal change-order delays.
Key Risk Period
Post-2026 award window presents the highest exposure, as 2025 produced no backlog and current pipeline relies entirely on two long-duration projects without replenishment.
Recommendations
Increase bid submissions beyond the recent low volume while targeting shorter-duration work to accelerate cash conversion; monitor monthly burn rates on the **$8.5M** backlog to maintain liquidity.
- 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
- Spartanburg County Tier 2 Penny Municipal Paving
- Spartanburg County SC
- $1,273,931
- 08/24/26
- 120
- 0%
- -
- $1,273,931
- 2026026 Spartanburg County Administration Extension Parking Lot Resurfacing
- Spartanburg County SC
- $3,497,867
- 07/06/26
- 120
- 13.3%
- $874,467
- $3,031,485
- 2026026 Spartanburg County Administration Extension Parking Lot Resurfacing
- Spartanburg County SC
- $4,989,266
- 05/30/26
- 120
- 44.2%
- $1,247,317
- $2,785,674
- $2,121,784
- $7,091,090


