BidJudge.com - Projects
Cody Patterson
azbids@heicivil.com
7301 N. 16th St
Suite 202
Phoenix AZ
85020
602-724-0253
Health Breakdown
Avg Left
-20
Success
30
Avg Avg
10
Year Proj
2 Year Prior Proj
Qual Based
0
Cash Flow
25
 
45%
45%
Health
Financial Health & Pipeline Brief
Analyzed On:  Aug 13, 2026
Hudick Excavating HEI Civil - AZ (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
The **$17.1M** remaining backlog from the single July 2026 award provides limited near-term cash flow due to the 660-month duration spreading billings thinly. With only a 14.3% success rate on seven bids, new revenue generation remains minimal. Mobilization and early progress payments on the active project will be critical to sustain operations.

Medium-term Outlook (6-12 months)
Backlog drawdown will accelerate modestly but leave the contractor exposed without additional wins, given the low 14.3% bid success rate. Cash flow stability hinges on converting more of the **$66.5M** in total bids into backlog. Extended project duration continues to defer substantial collections.

Key Risk Period
The 660-month contract duration creates a prolonged risk window for cash flow gaps and potential project delays beyond 12 months. Low win rates compound exposure if the current **$17.1M** backlog encounters change orders or payment lags.

Recommendations
Prioritize aggressive bidding on shorter-duration projects to rebuild backlog and improve cash conversion cycles. Implement targeted win-rate enhancements and monitor monthly burn rates against the extended timeline to avoid liquidity shortfalls.
 
JOBS LOW
  • Elliot Rd Eastern Maricopa Floodway Ellsworth Rd
  • Mesa
  • 7/23/26
Bidjudge
JOBS BID
  • 2026 Water Line Dome Rock Mockingbird St E Rodgers Pl PRV
  • Quartzsite
  • $2,063,047
  • 7/29/26
  • Elliot Rd Eastern Maricopa Floodway Ellsworth Rd
  • Mesa
  • $17,143,737
  • 7/23/26
  • Radiance Superstition Vistas Meridian Rd Phase 3
  • DR Horton
  • $4,046,068
  • 7/13/26
  • Olive Ave SR 303L Reems Road
  • Maricopa County
  • $20,625,067
  • 5/28/26
  • Skunk Creek Crossing Desert Hills Drive
  • Maricopa County
  • $5,736,623
  • 5/22/26
  • Cotton Lane Improvements Estrella Parkway Cotton Lane Bridge
  • Goodyear
  • $10,121,001
  • 5/6/26
  • Sweetwater Ave Sewer Relief
  • Phoenix
  • $6,740,181
  • 4/7/26
Bidjudge
CASH FLOW
  • $0
  • $17,143,737
Bidjudge