- RPMx Construction
- 2026
- 22
- 3
- 13.64%
- $164,393,358
- 8.39%
- 6.84%
- 4.34%
- $707,030,326

RPMx maintains steady cash flow from **$92.7M** remaining backlog, concentrated in long-duration paving and infrastructure contracts with slow monthly burn rates. Recent 2026 bidding activity at **$704M** total volume yielded only a 15% success rate, limiting near-term additions to active work.
Medium-term Outlook (6-12 months)
Backlog drawdown will accelerate modestly on the largest projects (**$59.9M** and **$29.4M** remaining), supporting revenue through mid-2027 if execution stays on schedule. However, the drop from prior 30% win rates signals potential contraction in new awards unless bidding volume converts more effectively.
Key Risk Period
The 12-18 month window presents elevated risk as current long-term contracts mature without sufficient replacement backlog, especially given 2026's elevated **$164M** low-bid total paired with only 15% success and 8.39% average margin left.
Recommendations
Prioritize selective bidding on shorter-duration projects to rebuild pipeline velocity and protect margins. Implement tighter pre-bid qualification to raise win rates above 20% while monitoring cash flow against the extended contract durations.
- Ponder Farms Phase 2 Paving Re Bid
- Ponder Farms MUD of Denton County
- $1,592,102
- 9/17/26
- Green Meadows Tr 4b Paving Improvements
- Denton County
- $753,520
- 8/25/26
- Tarrant US 81 0014-15-034
- TXDOT
- $73,293,567
- 8/5/26
- Sanctuary Phase 1 Paving Package
- TCCI Land Development, Inc
- $4,793,560
- 7/14/26
- Green Meadows Tr 3b Paving Improvements
- Denton County
- $1,633,384
- 7/2/26
- Hickory Grove Phase 3 Paving
- Legends Ranch Mud
- $3,231,431
- 6/24/26
- Trinity Falls Planning Unit 6 Phase 5 Paving Package
- McKinney Municipal Utility District
- $1,431,979
- 6/23/26
- Trinity Falls Planning Unit 6 Phase 3 Paving Package
- McKinney Municipal Utility District
- $2,761,386
- 6/23/26
- Denton US 377 0081-03-047
- TXDOT
- $126,755,164
- 5/6/26
- Trinity Falls Planning Unit 5 Phase 1 Planning Unit 5 Phase 1 Arterials Pavin
- McKinney Municipal Utility District
- $4,417,259
- 5/5/26
- Grayson US 75 0047-03-091
- TXDOT
- $155,588,192
- 4/7/26
- Preston Harbor Master Infrastructure Paving
- Lake Texoma Municipal Utility District
- $2,883,693
- 3/31/26
- Preston Harbor Pod 6 Phase I Utilities
- Lake Texoma Municipal Utility District
- $5,454,666
- 3/31/26
- Preston Harbor Pod 6 Phase I Paving
- Lake Texoma Municipal Utility District
- $5,921,473
- 3/31/26
- Comal US 67 0261-01-041
- TXDOT
- $64,759,007
- 3/4/26
- Songhill Phase 2 Paving Improvements
- North Collin County Municipal Utility District
- $1,712,551
- 2/19/26
- Green Meadows Tract 9a Paving Improvements
- Smiley Road WCID
- $2,086,930
- 2/17/26
- Trinity Falls Planning Unit 5 Phase 1 Planning Unit 5 Phase 1 Arterials Paving
- McKinney Municipal Utility District
- $4,964,294
- 2/17/26
- Highpointe Ranch Phase 4B Paving Package
- Lennar Homes
- $708,434
- 2/10/26
- Ellis SS 394 2921-01-010
- TXDOT
- $20,400,000
- 2/4/26
- Highpointe Ranch Phase 4a Paving Package
- Lennar Homes
- $855,002
- 1/29/26
- Gregg IH 20 0495-07-074
- TXDOT
- $221,032,732
- 1/7/26



