- Albuquerque Asphalt ALB
- 2026
- 8
- 2
- 25.00%
- $12,816,819
- 11.08%
- 22.09%
- 4.96%
- $96,498,895

With **$0** remaining backlog and a **0%** success rate on 2026 bids totaling **$83.7M**, the contractor faces immediate revenue gaps and potential cash flow strain as existing work completes. No active projects are positioned to generate ongoing billings. Cash reserves will be critical to sustain operations through this period.
Medium-term Outlook (6-12 months)
Prior years delivered **$40.6M** to **$44.2M** in awarded work, but the current bid pipeline shows no wins, signaling a sharp drop in backlog replenishment. Without improved conversion, revenue could fall well below historical levels by mid-2026. Sustained bidding activity alone will not offset the absence of secured volume.
Key Risk Period
The next 3-6 months represent the primary risk window due to the **$0** backlog and **0%** win rate, exposing the firm to potential liquidity shortfalls and operational contraction.
Recommendations
Prioritize a bidding strategy review to raise success rates above the current **0%** level, targeting at least 2-3 wins from the existing pipeline. Implement weekly cash flow monitoring and consider selective joint ventures to rebuild backlog quickly.
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- Construction Services Tablazon Road Relocation CN C3243246 C3253237
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- 120
- 0%
- -
- $2,187,585
- LC00382 Dona Ana
- NMDOT
- $10,629,234
- 10/20/26
- 120
- 0%
- -
- $10,629,234
- $0
- $12,816,819

