- MR Tanner Construction
- 2026
- 15
- 3
- 20.00%
- $20,783,077
- 7.14%
- 33.18%
- 11.92%
- $64,803,687
MR Tanner Construction holds **$30.7M** in remaining backlog, led by the **$15M** Street Transportation JOC and **$4.5M** Broadway Road project, supporting steady revenue drawdown over the next several months. Multiple active JOC contracts with substantial remaining balances provide consistent cash flow visibility through early 2027.
Medium-term Outlook (6-12 months)
Bidding momentum from 2025's **$31.8M** in low bids and 2026's **$20.8M** in awards should replenish backlog, though the success rate decline to 21.4% signals increased competition. The **$30.7M** active backlog offers runway into 2027 if new wins maintain pace with burn rates on long-duration JOCs.
Key Risk Period
Extended contract durations on several JOCs (up to 1,800 months) combined with the drop in win rate create elevated risk of backlog erosion by mid-2027 if bidding efficiency does not recover. Smaller legacy projects with minimal remaining balances (**$13.7K**–**$159K**) offer limited buffer during this transition.
Recommendations
Prioritize aggressive pursuit of high-probability bids to offset the 21.4% success rate and target replenishment of at least **$25M** in new awards within six months. Implement monthly backlog burn tracking on the top five JOCs to optimize cash flow timing and reduce concentration risk.
- (JOC) Street Transportation Department Pavement Surface
- Phoenix
- $15,000,000
- 8/11/26
- Radiance Superstition Vistas Meridian Ray Intersection Improvements
- DR Horton
- $229,282
- 8/7/26
- Radiance Superstition Vistas Meridian Rd Phase 3
- DR Horton
- $4,075,275
- 7/13/26
- Apache Road West Half Watkins Road Yuma Road Roadway Improvements
- Buckeye
- $3,966,550
- 6/11/26
- Pavement Management Preservation
- Peoria
- $7,283,193
- 5/21/26
- Sun City Festival Parcel 88 Paving
- Pulte Group
- $786,736
- 5/21/26
- Sun City Festival Parcel 35 Beardsley Paving
- Pulte Group
- $904,817
- 5/21/26
- Broadway Road Watson Road Intersection Improvements
- Buckeye
- $4,996,341
- 5/13/26
- Concrete Paving Signage Vistancia Boulevard Phases 2
- Saddleback Peoria Partners
- $5,462,351
- 4/2/26
- 2026 Districtwide Pavement Maintenance
- MCC
- $1,078,750
- 3/23/26
- El Mirage Rd 2A 2B Unit B South Paving
- Vistancia Development
- $1,692,770
- 2/3/26
- FY 2026 Cave Creek Paving
- Cave Creek
- $1,138,358
- 1/29/26
- Sun City West Paving Rehabilitation Units 35 38A 40
- Maricopa County
- $4,024,950
- 1/27/26
- Radiance Superstition Vistas Renfield Ave Horton Dr Roadway
- DR Horton
- $5,749,094
- 1/9/26
- Power Road Widening Riggs Road Chandler Heights Road
- Queen Creek
- $8,415,220
- 1/6/26
- (JOC) Street Transportation Department Pavement Surface
- Phoenix
- $15,000,000
- 10/10/26
- 1700
- 0%
- -
- $15,000,000
- Power Road Widening Riggs Road Chandler Heights Road
- Pulte Group
- $786,736
- 07/20/26
- 120
- 44.2%
- $196,684
- $439,261
- Power Road Widening Riggs Road Chandler Heights Road
- Buckeye
- $4,996,341
- 07/12/26
- 275
- 21.8%
- $545,055
- $3,906,230
- Power Road Widening Riggs Road Chandler Heights Road
- Phoenix
- $5,000,000
- 10/12/25
- 365
- 91.2%
- $410,959
- $438,356
- Power Road Widening Riggs Road Chandler Heights Road
- Surprise
- $5,000,000
- 04/29/25
- 1800
- 27.8%
- $83,333
- $3,611,111
- Power Road Widening Riggs Road Chandler Heights Road
- Surprise
- $5,000,000
- 03/18/25
- 1800
- 30.1%
- $83,333
- $3,497,222
- Power Road Widening Riggs Road Chandler Heights Road
- El Mirage
- $5,000,000
- 09/11/23
- 1100
- 99.5%
- $136,364
- $22,727
- Power Road Widening Riggs Road Chandler Heights Road
- Mesa
- $10,000,000
- 01/02/23
- 1700
- 79.2%
- $176,471
- $2,076,471
- $1,632,199
- $28,991,378



