- DCS Contracting Inc.
- 2026
- 17
- 4
- 23.53%
- $34,391,982
- 5.08%
- 12.96%
- 8.96%
- $81,925,773

Recent 2026 awards including the **$18.9M** Olive Ave and **$10M** Goodyear projects contribute to a **$46M** total remaining backlog, supporting steady cash inflows as these jobs mobilize. Execution on the **$590k** Alamar waterline and partial Goodyear work should generate positive near-term operating cash flow. Bidding activity at 25% success rate requires continued volume to replenish pipeline.
Medium-term Outlook (6-12 months)
The **$15M** remaining on the 2025 Indian School CMAR and **$3.7M** on Shea Boulevard will drive revenue through mid-2027, aided by JOC task orders. Overall backlog conversion at current burn rates points to sustained but moderating cash generation. Success rates near 25% indicate need for disciplined bid selection to maintain momentum.
Key Risk Period
The 12-18 month window poses the highest risk as multiple long-duration JOC contracts with low remaining balances (**$3.7M** combined) wind down without clear replacement wins. Declining win rates from 60% in 2024 to 25% in 2026 could create backlog gaps if bidding volume does not increase.
Recommendations
Prioritize aggressive pursuit of high-probability civil and water/wastewater bids to offset JOC attrition. Monitor monthly cash draws on the **$18.9M** and **$15M** active projects to optimize working capital. Implement tighter prequalification on bids to improve margins above the current 5% average left on low.
- Alamar CFD Phase 5 Dysart Rd Waterline Improvements Phase 2
- Brookfield Lakin
- 6/23/26
- Olive Ave SR 303L Reems Road
- Maricopa County
- 5/28/26
- Goodyear Regional Center Phase 3 Infrastructure
- MD Partners
- 2/20/26
- Radiance Superstition Vistas Renfield Ave Horton Dr Roadway
- DR Horton
- 1/9/26
- Radiance Superstition Vistas Meridian Ray Intersection Improvements
- DR Horton
- $179,621
- 8/7/26
- Radiance Superstition Vistas Meridian Rd Phase 3
- DR Horton
- $3,158,724
- 7/13/26
- Alamar CFD Phase 5 Dysart Rd Waterline Improvements Phase 2
- Brookfield Lakin
- $590,988
- 6/23/26
- Olive Ave SR 303L Reems Road
- Maricopa County
- $18,958,393
- 5/28/26
- Camelback Road SR303L City Limits
- Goodyear
- $16,634,980
- 5/26/26
- Sun City Festival Parcel 88 Concrete
- Pulte Group
- $1,118,015
- 5/21/26
- Sun City Festival Parcel 88 Paving
- Pulte Group
- $864,349
- 5/21/26
- Sun City Festival Parcel 35 Beardsley Paving
- Pulte Group
- $926,179
- 5/21/26
- Sun City Festival Parcel 35 Beardsley Concrete
- Pulte Group
- $370,779
- 5/21/26
- Cotton Lane Improvements Estrella Parkway Cotton Lane Bridge
- Goodyear
- $8,668,530
- 5/6/26
- Reclaimed Water Transmission Main Revel Way
- Vistancia Development
- $1,815,911
- 5/6/26
- Concrete Paving Signage Vistancia Boulevard Phases 2
- Saddleback Peoria Partners
- $4,135,437
- 4/2/26
- Phase VI Old Town Las Ligas ADA Sidewalks
- Avondale
- $186,162
- 3/5/26
- Goodyear Regional Center Phase 3 Infrastructure
- MD Partners
- $10,000,000
- 2/20/26
- El Mirage Rd 2A 2B Unit B South Paving
- Vistancia Development
- $1,550,309
- 2/3/26
- Radiance Superstition Vistas Renfield Ave Horton Dr Roadway
- DR Horton
- $4,842,601
- 1/9/26
- Power Road Widening Riggs Road Chandler Heights Road
- Queen Creek
- $7,924,795
- 1/6/26
- Power Road Widening Riggs Road Chandler Heights Road
- Brookfield Lakin
- $590,988
- 08/22/26
- 120
- 31.7%
- $147,747
- $403,842
- Power Road Widening Riggs Road Chandler Heights Road
- Maricopa County
- $18,958,393
- 07/27/26
- 440
- 14.5%
- $1,292,618
- $16,200,809
- Power Road Widening Riggs Road Chandler Heights Road
- MD Partners
- $10,000,000
- 04/21/26
- 180
- 89.4%
- $1,666,667
- $1,055,556
- Power Road Widening Riggs Road Chandler Heights Road
- Goodyear
- $27,000,000
- 09/21/25
- 730
- 51.1%
- $1,109,589
- $13,204,110
- Power Road Widening Riggs Road Chandler Heights Road
- Surprise
- $5,000,000
- 04/29/25
- 1800
- 28.8%
- $83,333
- $3,558,333
- Power Road Widening Riggs Road Chandler Heights Road
- Pinal County
- $10,000,000
- 08/15/23
- 1800
- 63.4%
- $166,667
- $3,655,556
- $4,466,621
- $38,078,206


