- Black Forest Paving
- 2026
- 32
- 9
- 28.13%
- $6,451,619
- 8.33%
- 10.11%
- 10.25%
- $29,207,321

Black Forest Paving enters the period with **$14.6M** remaining backlog from 20 recent low bids, supporting steady cash flow as projects mobilize. Bid volume and success rate have declined to 28.1% in 2026 versus 40% in 2025, yet the existing pipeline should sustain operations through early execution phases.
Medium-term Outlook (6-12 months)
Backlog burn-off will accelerate, requiring replacement wins at prior **$12-16M** annual low-bid levels to avoid revenue gaps. Continued lower success rates and reduced bidding activity risk compressing the order book unless hit rates recover toward historical averages.
Key Risk Period
The 6-12 month window presents the primary exposure once current **$14.6M** backlog is substantially depleted without corresponding new awards.
Recommendations
Increase bid submissions and sharpen pricing to restore success rates above 35%; monitor monthly backlog drawdown against projected cash needs to maintain liquidity.
- ITB 2026 12 12000 South Road Improvements
- Utah County
- 6/9/26
- Pacific Ave Trail Road Improvements
- North Salt Lake
- 5/26/26
- ITB 2026 7 Soldier Pass Road Improvements
- Utah County
- 5/26/26
- IFB Whittier Elementary Asphalt
- Salt Lake School District
- 5/22/26
- Pioneer Road Improvements
- Draper
- 5/13/26
- 2026 Overlay Reconstruction
- Summit County
- 5/5/26
- 2026 10400 N Road Improvement
- Highland
- 4/28/26
- 2026 Street Reconstruction
- Bountiful
- 3/17/26
- 2026 Holladay Mill Overlay
- Holladay
- 2/19/26
- Construction Prequalified Paving Site Civil Stage II TSOB North Area Pavement Upgrade
- DFCM
- $2,127,782
- 6/16/26
- ITB 2026 12 12000 South Road Improvements
- Utah County
- $368,864
- 6/9/26
- 500 W 4500 S 4800 S Mill Overlay
- Murray
- $556,789
- 6/9/26
- ITB 2026 7 Soldier Pass Road Improvements
- Utah County
- $433,565
- 5/26/26
- Pacific Ave Trail Road Improvements
- North Salt Lake
- $249,814
- 5/26/26
- IFB Indian Hills Elementary Asphalt
- Salt Lake School District
- $211,818
- 5/22/26
- IFB Uintah Elementary Asphalt
- Salt Lake School District
- $325,090
- 5/22/26
- IFB Whittier Elementary Asphalt
- Salt Lake School District
- $353,701
- 5/22/26
- Pioneer Road Improvements
- Draper
- $1,585,837
- 5/13/26
- 2026 Overlay
- Sandy
- $811,075
- 5/13/26
- Fashion Boulevard 5600 S 6100 S Mill Overlay
- Murray
- $664,818
- 5/5/26
- 2026 Overlay Reconstruction
- Summit County
- $1,501,416
- 5/5/26
- Overlays FY 2027 Road Maintenance
- Farmington - UT
- $643,253
- 4/30/26
- 2026 10400 N Road Improvement
- Highland
- $353,747
- 4/28/26
- Beacon Heights Elementary Asphalt
- Salt Lake School District
- $103,365
- 4/23/26
- L Street Reconstruction
- Salt Lake
- $1,702,259
- 4/22/26
- 2026 Road Preservation
- Highland
- $1,229,985
- 4/21/26
- RDW25059 Pavement Overlays 2026
- Salt Lake
- $1,451,092
- 4/15/26
- Combined City Overlay 2026
- Spanish Fork
- $957,553
- 4/14/26
- McMullin Subdivision Overlay
- South Jordan
- $42,003
- 4/8/26
- Fruit Heights City Charlais Drive Daniel Drive Street Maintenance
- Fruit Heights
- $124,647
- 4/7/26
- 2026 Street Rebuild Cutler Durham Stonehenge Longleaf
- North Salt Lake
- $555,645
- 3/31/26
- 2026 Street Rebuild Scenic Hills Woodhill Oakwood Oak View
- North Salt Lake
- $593,478
- 3/31/26
- 2026 Street Reconstruction
- Bountiful
- $831,415
- 3/17/26
- Cottonwood Winchester Mill Overlay
- Murray
- $1,368,273
- 3/3/26
- 2026 Holladay Mill Overlay
- Holladay
- $773,260
- 2/19/26
- SLCo PAR128099 Utah Salt Lake Canal Trail Phase 6 CONST
- Salt Lake County
- $1,621,518
- 2/18/26
- City Hall Parking Lot Reconstruction
- West Valley
- $1,176,226
- 2/10/26
- Asphalt Overlay Project
- Taylorsville
- $1,247,633
- 2/4/26
- Pleasant Grove City Battle Creek Trailhead Parking Lot Improvements
- Pleasant Grove
- $1,158,930
- 1/29/26
- 2026 Roadway Project
- Orem
- $1,858,590
- 1/28/26
- Mitchell Hollow Trail
- Highland
- $2,223,880
- 1/8/26
- ITB 2026 12 12000 South Road Improvements
- Utah County
- $368,864
- 08/08/26
- 120
- 0%
- -
- $368,864
- ITB 2026 7 Soldier Pass Road Improvements
- Utah County
- $433,565
- 07/25/26
- 120
- 0%
- -
- $433,565
- Pacific Ave Trail Road Improvements
- North Salt Lake
- $249,814
- 07/25/26
- 120
- 0%
- -
- $249,814
- IFB Whittier Elementary Asphalt
- Salt Lake School District
- $353,701
- 07/21/26
- 120
- 0%
- -
- $353,701
- Pioneer Road Improvements
- Draper
- $1,585,837
- 07/12/26
- 120
- 0%
- -
- $1,585,837
- 2026 Overlay Reconstruction
- Summit County
- $1,501,416
- 07/04/26
- 120
- 0%
- -
- $1,501,416
- Mitchell Hollow Trail
- Highland
- $353,747
- 06/27/26
- 120
- 0.8%
- $88,437
- $350,799
- Mitchell Hollow Trail
- Bountiful
- $831,415
- 05/16/26
- 120
- 35.8%
- $207,854
- $533,491
- Mitchell Hollow Trail
- Holladay
- $773,260
- 04/20/26
- 120
- 57.5%
- $193,315
- $328,636
- $489,606
- $5,706,123

