- AJP Electric
- 2026
- 13
- 5
- 38.46%
- $24,946,043
- 9.36%
- 13.71%
- 6.23%
- $37,468,429

AJP Electric enters the period with **$51M** remaining backlog, anchored by multiple 2026 awards including the **$14.9M** Van Buren project and **$6.7M** 20th St project. Execution on these recently bid jobs should sustain positive cash flow through year-end given typical mobilization timing.
Medium-term Outlook (6-12 months)
Backlog drawdown will accelerate as 2025 awards such as the **$5.7M** Kyrene Rd and **$4.9M** Grand Canal projects reach peak activity. Bidding momentum from 45.5% success rates supports replenishment, though lower 2025 volume may create modest revenue gaps.
Key Risk Period
The 12-18 month window presents the highest exposure once current **$51M** backlog is substantially consumed, coinciding with long-duration contracts and potential slowdown in new awards.
Recommendations
Prioritize aggressive bidding on high-volume municipal packages to rebuild backlog above **$60M** and shorten average project duration. Implement monthly cash-flow modeling tied to the 180- to 548-day schedules to protect working capital.
- 32nd St Thomas Rd Intersection Safety Improvements
- Phoenix
- 6/2/26
- Van Buren St 7th St 24th St Signal Pedestrian Improvements
- Phoenix
- 5/5/26
- Somerton 15th St (SOM-0-(208)T)
- ADOT
- 5/1/26
- Yuma County 14th St Ave C (YYU-0-(224)(223)T)
- ADOT
- 2/20/26
- 20th St Grand Canal Highland Ave
- Phoenix
- 2/10/26
- San Luis US 95 (SLS-0-(206)T)
- ADOT
- $1,478,023
- 7/10/26
- Surprise Waddell Rd Litchfield (SUR-0-(237)T)
- ADOT
- $926,095
- 7/10/26
- Apache Road West Half Watkins Road Yuma Road Roadway Improvements
- Buckeye
- $2,858,753
- 6/11/26
- 32nd St Thomas Rd Intersection Safety Improvements
- Phoenix
- $1,215,087
- 6/2/26
- Kyrene Branch Highline Canal Shared Use Paths
- Chandler
- $4,647,946
- 5/28/26
- 67th Ave & Greenway Rd Intersection Improvements
- Glendale - AZ
- $782,795
- 5/27/26
- 59th Avenue Northern Avenue Intersection Improvements
- Glendale - AZ
- $782,795
- 5/27/26
- Van Buren St 7th St 24th St Signal Pedestrian Improvements
- Phoenix
- $14,975,689
- 5/5/26
- Somerton 15th St (SOM-0-(208)T)
- ADOT
- $356,467
- 5/1/26
- Yuma County 14th St Ave C (YYU-0-(224)(223)T)
- ADOT
- $1,652,537
- 2/20/26
- 20th St Grand Canal Highland Ave
- Phoenix
- $6,746,263
- 2/10/26
- Sun City Festival Traffic Signal Intersection Improvements
- Pulte Group
- $889,182
- 1/22/26
- Kingman Airway Ave (KNG-0-(213)T)
- ADOT
- $156,797
- 1/16/26
- 32nd St Thomas Rd Intersection Safety Improvements
- Phoenix
- $1,215,087
- 08/01/26
- 180
- 0%
- -
- $1,215,087
- Kingman Airway Ave (KNG-0-(213)T)
- Phoenix
- $14,975,689
- 07/04/26
- 548
- 1.8%
- $819,837
- $14,702,410
- Kingman Airway Ave (KNG-0-(213)T)
- ADOT
- $356,467
- 06/30/26
- 210
- 6.7%
- $50,924
- $332,703
- Kingman Airway Ave (KNG-0-(213)T)
- ADOT
- $1,652,537
- 04/21/26
- 300
- 28.0%
- $165,254
- $1,189,827
- Kingman Airway Ave (KNG-0-(213)T)
- Phoenix
- $6,746,263
- 04/11/26
- 540
- 17.4%
- $374,792
- $5,571,914
- Kingman Airway Ave (KNG-0-(213)T)
- ADOT
- $675,073
- 11/04/25
- 300
- 84.0%
- $67,507
- $108,012
- $1,478,314
- $23,119,953

