BidJudge.com - Projects
5000 Edith Blvd SE
Albuquerque NM
87107
505-761-9873
505-761-9875
Health Breakdown
Avg Left
50
Success
50
Avg Avg
10
Year Proj
-30
2 Year Prior Proj
75
Qual Based
0
Cash Flow
50
 
205%
100%
Health
Financial Health & Pipeline Brief
Analyzed On:  Jun 26, 2026
TLC Plumbing & Utility Company (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
TLC maintains steady cash flow from its **$76.3M** remaining backlog, supported by active 2025 awards including the **$7.6M** Isleta Boulevard and **$3.0M** Belen Great Blocks projects now in early execution. Long contract durations (60-120 months) will spread revenue recognition, requiring disciplined progress billing to cover mobilization costs on multiple concurrent utility and road jobs.

Medium-term Outlook (6-12 months)
Execution of the four 2025 low bids totaling **$24.2M** plus carryover from 2024 wins should sustain operations through mid-2026, though the current 0% success rate on 2026 bids signals limited new backlog additions. Cash inflows will remain front-loaded from existing contracts but may moderate without fresh awards.

Key Risk Period
The 2026 bidding cycle presents the primary risk, with zero wins to date against **$8.3M** in submissions and a declining success rate trajectory from 62.5% in 2024 to 44.4% in 2025. Extended project durations further amplify exposure to cost escalation and delayed payments over the next 12 months.

Recommendations
Prioritize targeted bid submissions on 3-5 high-probability NM municipal utility projects monthly while tightening markup strategies to restore win rates above 40%. Implement monthly backlog burn reviews tied to cash flow forecasting to protect working capital through the current low-bid environment.
 
JOBS LOW
  • Nicklaus Drive ADA Ramp Remediation
  • Rio Rancho
  • 4/23/26
  • Water Meter Replacement
  • Truth Consequences
  • 3/12/26
Bidjudge
JOBS BID
  • Nicklaus Drive ADA Ramp Remediation
  • Rio Rancho
  • $133,291
  • 4/23/26
  • Water System Performance Improvements 1
  • Truth Consequences
  • $4,919,654
  • 3/19/26
  • Water Meter Replacement
  • Truth Consequences
  • $557,771
  • 3/12/26
  • WWTP Compost Pad Expansion
  • Farmington
  • $647,272
  • 3/3/26
  • Construction Services 4th Street Road DIET Reconstruction
  • Bernalillo County
  • $7,697,461
  • 2/11/26
Bidjudge
CASH FLOW
  • Construction Services 4th Street Road DIET Reconstruction
  • Rio Rancho
  • $133,291
  • 06/22/26
  • 120
  • 38.3%
  • $33,323
  • $82,196
  • Construction Services 4th Street Road DIET Reconstruction
  • Truth Consequences
  • $557,771
  • 05/11/26
  • 120
  • 73.3%
  • $139,443
  • $148,739
  • $172,766
  • $230,935
Bidjudge