- WW Clyde & Co - AZ
- 2026
- 20
- 2
- 10.00%
- $9,169,674
- 9.48%
- 44.36%
- 24.99%
- $126,685,088
- WW Clyde & Co - UT
- 2026
- 11
- 0
- 0.00%
- $0
- 0.00%
- 10.78%
- 4.83%
- $315,576,965
- WW Clyde & Co - NV
- 2026
- 6
- 1
- 16.67%
- $21,555,000
- 5.37%
- 29.96%
- 13.10%
- $84,230,940
- WW Clyde & Co - CO
- 2026
- 11
- 2
- 18.18%
- $109,673,711
- 0.41%
- 18.97%
- 4.91%
- $318,703,244

The contractor maintains a minimal active backlog of **$21.6M** across a single 180-month project, limiting near-term revenue recognition and cash inflows. Recent bidding performance shows only one win from six attempts in 2026 at a 16.7% success rate, providing little additional pipeline support.
Medium-term Outlook (6-12 months)
Backlog burn will remain slow given the extended contract duration, with potential cash flow pressure unless new awards are secured from an improved bid strategy. Historical results reflect zero wins from eight bids in 2024, underscoring the need for stronger competitiveness to stabilize operations.
Key Risk Period
The 6-12 month window represents the primary risk period, as the current **$21.6M** backlog offers insufficient volume to offset low win rates and sustain positive cash flow without immediate new contract additions.
Recommendations
Prioritize targeted bid submissions with refined pricing to raise the success rate above 16.7% and expand backlog beyond **$21.6M**. Monitor project burn rates closely to manage working capital during the extended duration.
- 4561 STBG-NHPP-080-5-(340)
- NDOT
- $21,555,000
- 7/24/26
- 4562 SI-095-2-(349) SI-0373-(341)
- NDOT
- $10,810,000
- 7/23/26
- Bob Ruud Mem Hwy Bell Vista Ave
- NDOT
- $24,282,940
- 6/10/26
- STBG-NHPP-0032-(427) 4558
- NDOT
- $11,616,000
- 4/9/26
- 4559 BR-0032-(422)
- NDOT
- $2,923,000
- 3/26/26
- 4557 STBG-NHPP-095-6-(342)
- NDOT
- $13,044,000
- 3/5/26

