- Lakeside Industries - WA
- 2026
- 53
- 21
- 39.62%
- $56,227,448
- 12.87%
- 17.18%
- 10.43%
- $152,899,103

Lakeside Industries maintains a solid **$27M** remaining backlog across 19 active projects, with several large paving contracts such as the **$23.9M** US 101 project (**$9.4M** remaining) providing steady revenue through late 2026. Cash flow should remain positive as work advances on high-value overlays bid in Q2-Q3 2026, though long 120-month durations suggest slower near-term burn rates on many smaller jobs.
Medium-term Outlook (6-12 months)
Bidding volume held steady near **$150M** annually, yet the 2026 success rate fell to 40.4% from 47.7% in 2025 while total low bids declined to **$56M**. This trajectory implies the current backlog may sustain operations only through mid-2027 without improved win rates or larger awards.
Key Risk Period
The period beyond 12 months presents the greatest exposure, as the existing **$27M** backlog depletes amid a 7-point drop in success rate and rising average left on low of 12.87%, potentially pressuring margins and cash reserves if new contracts are not secured.
Recommendations
Prioritize targeted bidding on high-probability paving programs to rebuild backlog above **$40M** and review cost structures to protect margins on low bids. Monitor project burn rates monthly to align cash outflows with the extended contract durations.
- 2026 Resurfacing Phase 2
- Vancouver
- 8/4/26
- Whidbey Campus Asphalt Repair Re Striping
- Skagit Valley College
- 7/28/26
- 2026 Newcastle Pavement Overlay Program
- Newcastle
- 7/16/26
- Pavement Management Program
- Issaquah
- 6/25/26
- US 12 I 5 0 5 Mile East Harms Rd Paving
- WSDOT
- 6/3/26
- 2026 Overlay
- Snoqualmie
- 6/2/26
- 112th Avenue NE NE 160th Street Pavement Preservation
- Bothell
- 5/28/26
- 2026 Citywide Pavement Repairs Grind Inlays
- Camas
- 5/27/26
- SE 60th Street RRFB Lake Heights 149th Avenue SE Overlay
- Bellevue
- 5/14/26
- Pavement Management 154th Avenue NE Redmond Way NE 85th Street
- Redmond
- 5/7/26
- SR 534 I 5 Interchange SR 9 Vic Paving
- WSDOT
- 4/22/26
- CRP 2066 Cloquallum Road Safety Enhancement
- Mason County
- 4/17/26
- 2026 Pavement Repairs
- Vancouver
- 4/14/26
- 2026 Countywide Pavement Overlay
- Cowlitz County
- 4/13/26
- US 101 N Ocean Beach Rd Jefferson Co Line Paving
- WSDOT
- 4/1/26
- 2026 Pavement Maintenance Overlay
- Everett
- 3/31/26
- 2026 Overlay Program
- Bellevue
- 3/26/26
- 2026 HMA Overlays
- Clark County - WA
- 3/10/26
- 2026 Pavement Preservation
- Bothell
- 3/5/26
- Bel Red Road Buffered Bike Lanes Schedule B C
- Redmond
- 2/26/26
- W Fourth Pl Blvd Mill Pl Main St NHS Resurfacing
- Vancouver
- 2/17/26
- SE Barrington Dr Overlay
- Oak Harbor
- $1,070,320
- 8/13/26
- 2026 Resurfacing Phase 2
- Vancouver
- $620,379
- 8/4/26
- 2026 Arterial Patching
- Auburn
- $1,982,791
- 7/30/26
- MS2514 2026 Arterial Patching
- Auburn
- $1,982,791
- 7/30/26
- Whidbey Campus Asphalt Repair Re Striping
- Skagit Valley College
- $98,550
- 7/28/26
- SE McGillivray Blvd Safety Mobility
- Vancouver
- $6,349,933
- 7/21/26
- 2026 Newcastle Pavement Overlay Program
- Newcastle
- $1,997,276
- 7/16/26
- SVC MV Campus Asphalt Repair Restriping
- Skagit Valley College
- $147,750
- 7/9/26
- 2026 North Bickford Overlay
- Snohomish
- $811,774
- 7/7/26
- 2026 Major Asphalt Patching
- Federal Way
- $314,775
- 7/1/26
- Skagit County Parks Paving Maintenance Skagit Fairgrounds
- Skagit County
- $155,900
- 6/25/26
- Pavement Management Program
- Issaquah
- $1,447,865
- 6/25/26
- Dike Road Reconstruction
- Cowlitz County
- $4,137,519
- 6/22/26
- 2026 Street Overlay
- Kirkland
- $1,817,001
- 6/18/26
- US 12 I 5 0 5 Mile East Harms Rd Paving
- WSDOT
- $5,732,453
- 6/3/26
- 2026 Annual Roads
- Bainbridge Island
- $948,320
- 6/3/26
- 2026 Overlay
- Snoqualmie
- $718,580
- 6/2/26
- Ash Way Overlay 164th Street SW Park Ride
- Snohomish County
- $888,785
- 5/28/26
- 112th Avenue NE NE 160th Street Pavement Preservation
- Bothell
- $1,278,992
- 5/28/26
- 2026 Pavement Preservation
- Marysville
- $5,370,675
- 5/28/26
- 2026 Citywide Pavement Repairs Grind Inlays
- Camas
- $1,038,334
- 5/27/26
- SR 203 NE 124th St Skykomish River Paving Exceptions
- WSDOT
- $5,517,643
- 5/20/26
- 2026 Countywide Pavement Preservation
- King County - WA
- $2,648,710
- 5/19/26
- SE 60th Street RRFB Lake Heights 149th Avenue SE Overlay
- Bellevue
- $743,117
- 5/14/26
- I 5 1 2 Mi S Rogers Rd SR 505 Vic Paving
- WSDOT
- $10,275,154
- 5/13/26
- 2026 Overlay
- North Bend
- $785,723
- 5/13/26
- 21st Avenue SW Preservation
- Federal Way
- $2,716,183
- 5/11/26
- Pavement Management 154th Avenue NE Redmond Way NE 85th Street
- Redmond
- $682,941
- 5/7/26
- SR 9 Park Rd 547 SAAR Sumas Paving
- WSDOT
- $9,127,490
- 5/6/26
- 2026 County Overlay ADA Program
- Snohomish County
- $2,927,695
- 4/30/26
- Olympic View Drive Pavement Preservation
- Edmonds
- $1,799,902
- 4/28/26
- 2026 Resurfacing
- Vancouver
- $2,273,444
- 4/28/26
- SR 534 I 5 Interchange SR 9 Vic Paving
- WSDOT
- $2,326,896
- 4/22/26
- I 5 N Old Hwy 99 SW N Maytown Rd SW Paving
- WSDOT
- $9,698,220
- 4/22/26
- CRP 2066 Cloquallum Road Safety Enhancement
- Mason County
- $1,365,530
- 4/17/26
- I 5 Koontz Rd S Alder St Exceptions
- WSDOT
- $3,329,900
- 4/15/26
- 2026 Pavement Repairs
- Vancouver
- $951,808
- 4/14/26
- 2026 Countywide Pavement Overlay
- Cowlitz County
- $2,732,633
- 4/13/26
- US 101 N Ocean Beach Rd Jefferson Co Line Paving
- WSDOT
- $23,894,910
- 4/1/26
- 2026 Pavement Maintenance Overlay
- Everett
- $2,953,770
- 3/31/26
- South 320th Street Preservation
- Federal Way
- $2,293,139
- 3/30/26
- S 320th St Preservation
- Federal Way
- $2,293,139
- 3/27/26
- 2026 Overlay Program
- Bellevue
- $957,437
- 3/26/26
- 2026 Pavement Preservation 26 3001 1
- Kent
- $4,243,235
- 3/25/26
- Discovery Road 19th St Sheridan Street Bicycle Pedestrian Safety
- Port Townsend
- $519,967
- 3/19/26
- Salmon Creek Sports Complex Paving Restoration
- Clark County - WA
- $248,387
- 3/17/26
- 2026 HMA Overlays
- Clark County - WA
- $3,505,569
- 3/10/26
- 68th Ave S S 124th St Pavement ADA Improvements
- King County - WA
- $1,257,821
- 3/6/26
- 2026 Pavement Preservation
- Bothell
- $762,104
- 3/5/26
- I 90 EB Mercer Slough 150th Ave SE Paving Bridge Deck Resurface XE3701
- WSDOT
- $4,497,250
- 3/4/26
- Bel Red Road Buffered Bike Lanes Schedule B C
- Redmond
- $609,496
- 2/26/26
- W Fourth Pl Blvd Mill Pl Main St NHS Resurfacing
- Vancouver
- $1,808,808
- 2/17/26
- 2026 Asphalt Overlay
- Federal Way
- $4,240,319
- 1/26/26
- 2026 Resurfacing Phase 2
- Vancouver
- $620,379
- 10/03/26
- 120
- 0%
- -
- $620,379
- Whidbey Campus Asphalt Repair Re Striping
- Skagit Valley College
- $98,550
- 09/26/26
- 120
- 0%
- -
- $98,550
- 2026 Newcastle Pavement Overlay Program
- Newcastle
- $1,997,276
- 09/14/26
- 120
- 0%
- -
- $1,997,276
- Pavement Management Program
- Issaquah
- $1,447,865
- 08/24/26
- 120
- 0%
- -
- $1,447,865
- 2026 Asphalt Overlay
- WSDOT
- $5,732,453
- 08/02/26
- 71
- 29.6%
- $2,422,163
- $4,036,939
- 2026 Asphalt Overlay
- Snoqualmie
- $718,580
- 08/01/26
- 120
- 18.3%
- $179,645
- $586,840
- 2026 Asphalt Overlay
- Bothell
- $1,278,992
- 07/27/26
- 120
- 23.3%
- $319,748
- $980,561
- 2026 Asphalt Overlay
- Camas
- $1,038,334
- 07/26/26
- 120
- 24.2%
- $259,584
- $787,403
- 2026 Asphalt Overlay
- Bellevue
- $743,117
- 07/13/26
- 120
- 35.0%
- $185,779
- $483,026
- 2026 Asphalt Overlay
- Redmond
- $682,941
- 07/06/26
- 120
- 40.0%
- $170,735
- $409,765
- 2026 Asphalt Overlay
- WSDOT
- $2,326,896
- 06/21/26
- 71
- 88.7%
- $983,195
- $262,185
- 2026 Asphalt Overlay
- Mason County
- $1,365,530
- 06/16/26
- 120
- 57.5%
- $341,383
- $580,350
- 2026 Asphalt Overlay
- Cowlitz County
- $2,732,633
- 06/12/26
- 120
- 60.0%
- $683,158
- $1,093,053
- 2026 Asphalt Overlay
- WSDOT
- $23,894,910
- 05/31/26
- 120
- 70.0%
- $5,973,728
- $7,168,473
- 2026 Asphalt Overlay
- Everett
- $2,953,770
- 05/30/26
- 120
- 70.8%
- $738,443
- $861,516
- 2026 Asphalt Overlay
- Bellevue
- $957,437
- 05/25/26
- 120
- 75.8%
- $239,359
- $231,381
- 2026 Asphalt Overlay
- Clark County - WA
- $3,505,569
- 05/09/26
- 120
- 88.3%
- $876,392
- $408,983
- 2026 Asphalt Overlay
- Bothell
- $762,104
- 05/04/26
- 120
- 92.5%
- $190,526
- $57,158
- 2026 Asphalt Overlay
- Redmond
- $609,496
- 04/27/26
- 120
- 98.3%
- $152,374
- $10,158
- $13,716,212
- $22,121,861

