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jerrymiller@amesco.com
2070 Griffen St
Carlin NV
89822
775-754-2261
775-754-6367
Health Breakdown
Avg Left
-20
Success
50
Avg Avg
0
Year Proj
2 Year Prior Proj
Qual Based
0
Cash Flow
-40
 
-10%
0%
Health
Financial Health & Pipeline Brief
Analyzed On:  Jun 27, 2026
Ames Construction - NV (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Ames Construction enters 2026 with a newly secured **$126M** Washoe County project that adds to the **$206M** total remaining backlog. The 18.72% average left on low indicates front-loaded costs during mobilization that could pressure operating cash flow absent progress billings.

Medium-term Outlook (6-12 months)
Execution on the **$80M** Garnet Valley project and the new **$126M** award should generate steady revenue through 2026, supported by the contractor’s 100% success rate on 2026 bids. However, zero wins in 2024–2025 leave limited visibility beyond the current backlog.

Key Risk Period
The extended 350- and 1400-month contract durations create a prolonged cash conversion cycle, with the highest risk of liquidity shortfalls occurring between late 2026 and mid-2027 if additional awards are not secured.

Recommendations
Prioritize aggressive bidding in the next two quarters to rebuild pipeline and shorten the average duration of backlog; implement monthly cash-flow forecasting tied to the **$206M** remaining work to protect working capital.
 
JOBS LOW
  • 4548 Washoe County
  • NDOT
  • 1/15/26
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JOBS BID
  • 4548 Washoe County
  • NDOT
  • $126,792,681
  • 1/15/26
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CASH FLOW
  • 4548 Washoe County
  • NDOT
  • $126,792,681
  • 03/16/26
  • 350
  • 34.6%
  • $10,867,944
  • $82,958,640
  • 4548 Washoe County
  • Las Vegas VWD
  • $80,000,000
  • 03/22/23
  • 1400
  • 86.6%
  • $1,714,286
  • $10,742,857
  • $12,582,230
  • $93,701,497
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