- Gerhardt Berry Construction
- 2026
- 12
- 5
- 41.67%
- $7,136,051
- 8.43%
- 12.37%
- 12.40%
- $12,768,869

Gerhardt Berry Construction faces immediate pressure from a minimal active backlog of only **$1.9M** across two projects, requiring rapid conversion of recent bids to sustain operations. The 2026 success rate of 44.4% on **$11.2M** in bids offers some momentum, yet average left on low at 9.21% signals ongoing competitiveness challenges.
Medium-term Outlook (6-12 months)
Sustained revenue will hinge on elevating win rates beyond the 27-31% range seen in 2024-2025 while addressing the thin pipeline of **$6.3M** secured in 2026. Long-duration contracts provide limited near-term cash flow acceleration, increasing reliance on new awards to rebuild backlog.
Key Risk Period
The period immediately following depletion of current backlog poses the highest exposure, as low historical bidding volume and inconsistent success rates could create revenue gaps without improved hit rates.
Recommendations
Prioritize aggressive bidding on higher-volume opportunities while tightening cost estimates to reduce money left on the table. Monitor cash flow closely against the **$1.9M** remaining backlog and consider strategic partnerships to stabilize pipeline.
- Keystone Avenue Water Main Replacement
- Truckee Meadows Water Authority
- 9/24/26
- Spring Creek Zone Conversion Phase 2
- Truckee Meadows Water Authority
- 7/15/26
- Santerra Quilici 2 Booster Pump Station
- Truckee Meadows Water Authority
- 4/16/26
- Carter Dr Frandsen Cir Suda Way Main Replacement
- Truckee Meadows Water Authority
- 1/29/26
- Prater Way Main Replacement
- Truckee Meadows Water Authority
- 1/20/26
- 6th Street Water Main Abandonment PWP-WA-2027-040
- Truckee Meadows Water Authority
- $161,044
- 10/27/26
- E Street F Street Water Main Relocation Pwp-Wa-2027-006
- Truckee Meadows Water Authority
- $595,361
- 10/13/26
- Keystone Avenue Water Main Replacement
- Truckee Meadows Water Authority
- $850,923
- 9/24/26
- Terminal Tank Entrance Improvements
- Truckee Meadows Water Authority
- $289,332
- 7/30/26
- Spring Creek Zone Conversion Phase 2
- Truckee Meadows Water Authority
- $297,576
- 7/15/26
- IVGID Fire Hydrant Replacement
- Incline Village GID
- $548,000
- 6/18/26
- NVWWTP Influent Lift Station Replacement
- Douglas County
- $2,682,376
- 5/21/26
- Santerra Quilici 2 Booster Pump Station
- Truckee Meadows Water Authority
- $2,329,785
- 4/16/26
- Carter Dr Frandsen Cir Suda Way Main Replacement
- Truckee Meadows Water Authority
- $1,016,845
- 1/29/26
- Incline Ct Water Main Replacement
- Incline Village GID
- $669,863
- 1/29/26
- Prater Way Main Replacement
- Truckee Meadows Water Authority
- $2,640,922
- 1/20/26
- Turbine Way Main Replacement
- Truckee Meadows Water Authority
- $686,842
- 1/8/26
- Keystone Avenue Water Main Replacement
- Truckee Meadows Water Authority
- $850,923
- 11/23/26
- 0
- 0%
- -
- $850,923
- Turbine Way Main Replacement
- Truckee Meadows Water Authority
- $297,576
- 09/13/26
- 60
- 85.0%
- $148,788
- $44,636
- Turbine Way Main Replacement
- Truckee Meadows Water Authority
- $2,329,785
- 06/15/26
- 180
- 78.3%
- $388,298
- $504,787
- $537,086
- $1,400,346

