- Constructors Inc CI - NM
- 2026
- 5
- 5
- 100.00%
- $7,827,631
- 11.71%
- 0.00%
- 10.35%
- $7,827,631
- Constructors Inc CI - TX
- 2026
- 4
- 0
- 0.00%
- $0
- 0.00%
- 42.02%
- 19.50%
- $31,472,049

Constructors Inc maintains a **$204M** remaining backlog with multiple 2026 low bids (**$7.8M** total) already secured at 100% success rate. Cash inflows should remain steady from active long-duration projects bid in late 2025 and early 2026. Execution focus on mobilization and early-phase billings will be critical.
Medium-term Outlook (6-12 months)
Larger 2025 awards including **$55.7M** and **$42.0M** Lea projects plus **$33.7M** Chaves Lea will drive the majority of revenue recognition. Combined with 2024 carryover work, backlog burn should support sustained operations through year-end 2026. Bidding volume can be moderated given current workload.
Key Risk Period
Extended 120- to 450-month contract durations on **$204M** backlog create potential liquidity pressure if progress payments lag mobilization costs. The drop in 2025 win rate to 42.9% signals increased competition that could affect replenishment.
Recommendations
Prioritize cash-flow forecasting on long-duration projects and negotiate accelerated billing terms. Maintain selective bidding on shorter-cycle work to balance backlog mix and reduce concentration risk.
- 2100747 Lea
- NMDOT
- $3,254,982
- 6/18/26
- Cottonwood Lane Repair 2026
- Chaves County
- $469,412
- 3/10/26
- CDBG 2nd Street ADA Sidewalk Improvements
- Prineville
- $626,774
- 2/23/26
- Greene Street Storm Drain Extension
- Carlsbad - NM
- $1,542,119
- 1/28/26
- S 8th St Water Line Replacement Street Rehabilitation
- Artesia-NM
- $1,934,344
- 1/15/26
- 2100747 Lea
- NMDOT
- $3,254,982
- 08/17/26
- 120
- 0%
- -
- $3,254,982
- S 8th St Water Line Replacement Street Rehabilitation
- Chaves County
- $469,412
- 05/09/26
- 120
- 59.2%
- $117,353
- $191,677
- S 8th St Water Line Replacement Street Rehabilitation
- Prineville
- $626,774
- 04/24/26
- 120
- 71.7%
- $156,694
- $177,586
- S 8th St Water Line Replacement Street Rehabilitation
- Carlsbad - NM
- $1,542,119
- 03/29/26
- 120
- 93.3%
- $385,530
- $102,808
- $659,577
- $3,727,053

