- DCS Contracting Inc.
- 2026
- 15
- 4
- 26.67%
- $34,391,982
- 5.08%
- 11.39%
- 8.10%
- $78,587,428

DCS Contracting holds a **$140M** remaining backlog with three active 2026 awards totaling **$33.8M** (Olive Ave **$18.9M**, Goodyear **$10M**, Radiance **$4.8M**) entering construction. These projects, combined with shorter-duration 2025 awards, should generate steady cash inflows through mid-year assuming typical mobilization and progress billing cycles.
Medium-term Outlook (6-12 months)
The **$42.8M** secured in 2025, including the **$27M** Indian School CMAR and multiple **$2-5M** paving and JOC contracts, will drive the majority of revenue recognition over the next year. Execution of these longer-duration jobs (120-730 months) supports backlog conversion but requires disciplined subcontractor and material cost control to protect margins averaging 5.23%.
Key Risk Period
Win rates have declined sharply from 60% in 2024 to 21.4% in 2026 despite higher bid volume, creating potential revenue gaps after current backlog burns off in late 2026. Extended contract durations also heighten exposure to escalation, retention release timing, and working-capital strain on **$140M** of active work.
Recommendations
Prioritize selective bidding on shorter-cycle municipal and JOC opportunities to rebuild near-term backlog while tightening cash-flow forecasting around the largest CMAR projects. Maintain credit facilities sized to **$15-20M** peak needs during the 6-12 month conversion window.
- 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
- 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
- Alamar CFD Phase 5 Dysart Rd Waterline Improvements Phase 2
- Brookfield Lakin
- $590,988
- 08/22/26
- 120
- 0%
- -
- $590,988
- Olive Ave SR 303L Reems Road
- Maricopa County
- $18,958,393
- 07/27/26
- 440
- 0%
- -
- $18,958,393
- Power Road Widening Riggs Road Chandler Heights Road
- MD Partners
- $10,000,000
- 04/21/26
- 180
- 46.7%
- $1,666,667
- $5,333,333
- Power Road Widening Riggs Road Chandler Heights Road
- Fountain Hills
- $3,261,177
- 01/03/26
- 270
- 71.5%
- $362,353
- $930,039
- Power Road Widening Riggs Road Chandler Heights Road
- Goodyear
- $27,000,000
- 09/21/25
- 730
- 40.5%
- $1,109,589
- $16,052,055
- Power Road Widening Riggs Road Chandler Heights Road
- Surprise
- $5,000,000
- 04/29/25
- 1800
- 24.6%
- $83,333
- $3,772,222
- Power Road Widening Riggs Road Chandler Heights Road
- Buckeye
- $2,000,000
- 09/21/24
- 730
- 90.7%
- $82,192
- $186,301
- Power Road Widening Riggs Road Chandler Heights Road
- El Mirage
- $5,000,000
- 09/11/23
- 1100
- 94.3%
- $136,364
- $286,364
- Power Road Widening Riggs Road Chandler Heights Road
- Pinal County
- $10,000,000
- 08/15/23
- 1800
- 59.2%
- $166,667
- $4,083,333
- $3,607,165
- $50,193,028


