- Tapani - OR
- 2026
- 7
- 2
- 28.57%
- $26,582,710
- 2.61%
- 6.80%
- 4.71%
- $130,848,731

The contractor holds **$5.8M** in remaining backlog on a single 120-month project awarded in 2026, supporting steady but minimal cash flow with no near-term revenue acceleration. Low bidding volume and a 16.7% success rate in 2026 limit new contract starts. Focus remains on execution of the active project to maintain positive cash positions.
Medium-term Outlook (6-12 months)
Continued reliance on the **$17.3M** contract will draw down backlog gradually, while 2025's higher 50% win rate suggests potential for improved capture if bidding activity increases. Limited total backlog exposes the firm to revenue gaps without additional awards. Cash flow stability depends on timely progress billings over the extended duration.
Key Risk Period
The extended 10-year project timeline creates prolonged exposure to cost escalation and delayed collections, with minimal backlog diversification amplifying cash flow volatility beyond 12 months. Low overall win rates compound the risk of insufficient new work to offset burn.
Recommendations
Prioritize aggressive bidding to rebuild backlog above **$20M** and target shorter-duration projects for cash flow balance. Implement monthly cash forecasting tied to the long-term contract milestones to mitigate duration risk.
- Henrici Water Pump Station Transmission Improvements WIFIA 3 2
- Oregon City
- $9,295,710
- 8/11/26
- Monroe Street Greenway Central Segment
- Milwaukie
- $3,068,000
- 8/6/26
- Willamette River Stormwater Source Control Improvements Various Highways
- ODOT
- $20,648,000
- 4/30/26
- SW 205th Avenue Baseline Quatama Improvements
- Washington County - OR
- $17,987,000
- 3/30/26
- 100315 NW Walker Road NW 185th Ave NW 173rd Ave
- Washington County - OR
- $17,287,000
- 3/25/26
- 100343 Century Blvd Extension SE Lois Street E Main Street
- Washington County
- $29,569,000
- 3/11/26
- 100238 SW Walker Road SW Murray Boulevard Intersection Improvements
- Washington County - OR
- $32,994,021
- 2/11/26


