- Hasse Contracting
- 2026
- 11
- 3
- 27.27%
- $7,352,862
- 9.46%
- 73.60%
- 9.32%
- $48,446,535

Hasse Contracting faces constrained cash flow with only **$2.5M** in total remaining backlog from two long-duration projects. Recent bidding activity shows a sharp drop in wins to just two jobs totaling **$4.6M** at a 25% success rate, providing limited near-term revenue support.
Medium-term Outlook (6-12 months)
Backlog replenishment will depend on reversing the declining win rate seen in 2026 versus the stronger 45.5% achieved in 2025. Without additional low bids secured, the contractor risks revenue gaps as current projects contribute only modest monthly billings over their extended timelines.
Key Risk Period
The period following depletion of the existing **$2.5M** backlog presents the highest exposure, especially given reduced bidding volume and lower success rates compared to prior years.
Recommendations
Prioritize increasing bid submissions while targeting improvements in the 14.19% average left-on-low metric to rebuild backlog. Monitor project progress billings closely to maintain positive cash flow until new awards materialize.
- 1102161 Sierra
- NMDOT
- $9,473,749
- 8/21/26
- 4102150 Guadalupe
- NMDOT
- $6,920,324
- 8/21/26
- 1102140 Dona Ana Sierra
- NMDOT
- $2,711,712
- 8/21/26
- 4101950 Mora
- NMDOT
- $5,516,720
- 7/24/26
- 4102170 San Miguel
- NMDOT
- $3,690,000
- 7/24/26
- 6101550 Cibola
- NMDOT
- $12,080,040
- 6/18/26
- 6101980 McKinley
- NMDOT
- $774,840
- 6/18/26
- 4101411 San Miguel
- NMDOT
- $688,000
- 6/18/26
- Bridge 8113 Rehabilitation San Juan County Road 6675
- San Juan County
- $2,290,425
- 5/19/26
- 1102360 Dona Ana Luna Sierra
- NMDOT
- $2,350,725
- 3/20/26
- LC00590 Dona Ana
- NMDOT
- $1,950,000
- 2/20/26

