- T Lowell Construction
- 2026
- 4
- 3
- 75.00%
- $18,643,000
- 6.23%
- 16.53%
- 9.50%
- $42,443,000

The recently awarded **$13.8M** water system project, with full backlog remaining and a 120-month duration, will generate only minimal early-phase revenue. Historical win rates of 14.3% in prior years limit prospects for near-term additions to the pipeline.
Medium-term Outlook (6-12 months)
Work on the single **$13.8M** contract will continue at a measured pace given its decade-long timeline, supporting modest cash flow without significant acceleration. Low bidding success (one win annually) suggests backlog will remain concentrated and slow to replenish.
Key Risk Period
The 120-month project duration creates prolonged exposure to cash flow constraints and dependency risk, especially with no other active backlog and consistently low win rates across 2024-2026.
Recommendations
Prioritize bids for shorter-duration projects to diversify backlog and improve revenue timing. Enhance prequalification and estimating processes to raise the 14.3% success rate and reduce reliance on infrequent large wins.
- 24 Inch Peoria Waterline Slipline
- Aurora
- $3,800,000
- 8/18/26
- Quincy 60 Inch Raw Appurtenances Rehabilitation
- Aurora
- $1,000,000
- 7/14/26
- 2025 Water System Improvement Sites 1 7
- Aurora
- $13,843,000
- 6/18/26
- Lowell Waterline 92nd Ave Sunset Open Space Sanitary Sewer Improvements
- Westminster
- $23,800,000
- 1/29/26
- Lowell Waterline 92nd Ave Sunset Open Space Sanitary Sewer Improvements
- Aurora
- $3,800,000
- 10/17/26
- 120
- 20.0%
- $950,000
- $3,040,000
- Lowell Waterline 92nd Ave Sunset Open Space Sanitary Sewer Improvements
- Aurora
- $1,000,000
- 09/12/26
- 120
- 49.2%
- $250,000
- $508,333
- Lowell Waterline 92nd Ave Sunset Open Space Sanitary Sewer Improvements
- Aurora
- $13,843,000
- 08/17/26
- 120
- 71.7%
- $3,460,750
- $3,922,183
- $4,660,750
- $7,470,516


