BidJudge.com - Projects
bid.thirston@gcinc.com
1525 E Marine View Dr
Everett WA
98201
425-551-3100
Health Breakdown
Avg Left
-10
Success
-20
Avg Avg
10
Year Proj
-30
2 Year Prior Proj
Qual Based
0
Cash Flow
-40
 
-90%
0%
Health
Financial Health & Pipeline Brief
Analyzed On:  Aug 13, 2026
Granite Construction - WA (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Granite Construction's **$15.4M** remaining backlog from eight active projects provides limited near-term revenue, with most work concentrated in paving and rehabilitation contracts bid between March and June 2026. The sharp drop in success rate to **9.7%** in 2026 versus **18.2%** in 2025 signals reduced new award velocity, constraining cash inflows over the next two quarters.

Medium-term Outlook (6-12 months)
Only **$22.9M** in new work was secured year-to-date in 2026 against **$347M** bid volume, leaving the firm with thin backlog coverage beyond current projects. Sustained low win rates and long-duration contracts averaging 120 months will pressure utilization unless bidding activity rebounds significantly.

Key Risk Period
The period 9-15 months out represents the primary risk window, as current backlog projects begin to wind down without a corresponding pipeline of new awards at historical **$60.7M** levels. Prolonged low success rates could create cash flow gaps if no additional low-bid wins materialize.

Recommendations
Prioritize targeted bid reviews to lift the win rate above **9.7%** while maintaining the **9.5-9.7%** margin profile on low bids. Accelerate pursuit of shorter-duration overlay and preservation packages to rebuild backlog and stabilize cash flow within the next two quarters.
 
JOBS LOW
  • I 5 I 205 Concrete Panel Rehabilitation
  • WSDOT
  • 6/17/26
  • SR 203 NE 124th St Skykomish River Paving Exceptions
  • WSDOT
  • 5/20/26
  • SR 9 Park Rd 547 SAAR Sumas Paving
  • WSDOT
  • 5/6/26
  • Harbor Pointe Boulevard Pavement Preservation
  • Mukilteo
  • 5/5/26
  • 2026 County Overlay ADA Program
  • Snohomish County
  • 4/30/26
  • 2026 Resurfacing
  • Vancouver
  • 4/28/26
  • Elfendahl Pass Road Improvement
  • Mason County
  • 4/17/26
  • Salmon Creek Sports Complex Paving Restoration
  • Clark County - WA
  • 3/17/26
  • SR 124 US 12 Interchange EB Bridge Repair
  • WSDOT
  • 1/22/26
Bidjudge
JOBS BID
  • SR 202 Widening Trestle Replacement Phase B
  • Woodinville
  • $16,094,810
  • 8/19/26
  • 2026 Resurfacing Phase 2
  • Vancouver
  • $726,494
  • 8/4/26
  • CRP 2050 Bear Creek DeWatto Tiger Improvement
  • Mason County
  • $357,746
  • 8/3/26
  • US 2 Corridor Safety Improvements
  • WSDOT
  • $8,459,688
  • 7/22/26
  • US 395 Kartchner St I C NB Ramp Terminal Improvements
  • WSDOT
  • $1,161,539
  • 7/22/26
  • 44th Avenue West Underpass Pedestrian Bicycle Improvement
  • Lynnwood
  • $7,906,193
  • 7/21/26
  • Fish Lake Trail Construction Phase 1
  • Spokane
  • $3,322,982
  • 7/21/26
  • SE McGillivray Blvd Safety Mobility
  • Vancouver
  • $6,738,841
  • 7/21/26
  • US 12 Eschbach Rd Ackley Rd Clover Ln I S Safety Improvements
  • WSDOT
  • $2,181,978
  • 7/15/26
  • 2026 North Bickford Overlay
  • Snohomish
  • $798,708
  • 7/7/26
  • SR 240 Beloit Road Hagen Rd Pavement Repairs
  • WSDOT
  • $581,784
  • 7/1/26
  • I 90 Hansen Rd Overpass Emergency Bridge Replacement
  • WSDOT
  • $7,576,200
  • 7/1/26
  • Pacific Avenue Greenway
  • Spokane
  • $4,633,131
  • 6/29/26
  • Pacific Avenue Greenway 2022069
  • Spokane
  • $4,633,131
  • 6/29/26
  • Skagit County Parks Paving Maintenance Skagit Fairgrounds
  • Skagit County
  • $254,530
  • 6/25/26
  • SR 112 Clallam Bay 2023 Emergency
  • WSDOT
  • $2,444,094
  • 6/24/26
  • Dike Road Reconstruction
  • Cowlitz County
  • $4,366,057
  • 6/22/26
  • 120th Avenue NE Roadway Rehabilitation
  • Kirkland
  • $3,915,167
  • 6/18/26
  • 2026 Street Overlay
  • Kirkland
  • $2,140,278
  • 6/18/26
  • I 5 I 205 Concrete Panel Rehabilitation
  • WSDOT
  • $2,944,786
  • 6/17/26
  • Leader Lake Road Paving 2026
  • Okanogan County
  • $468,476
  • 6/16/26
  • 2025 Traffic Calming Cycle 13
  • Spokane
  • $2,688,785
  • 6/15/26
  • I 5 N Martin Way E E Mounts Rd SW PCCP Replacement
  • WSDOT
  • $3,193,090
  • 6/10/26
  • 2026 Local Access Grind Overlay Chipseal
  • Spokane
  • $3,212,365
  • 6/8/26
  • US 12 I 5 0 5 Mile East Harms Rd Paving
  • WSDOT
  • $6,663,697
  • 6/3/26
  • 2026 Annual Roads
  • Bainbridge Island
  • $924,192
  • 6/3/26
  • US 730 Oregon State Line US 12 Paving
  • WSDOT
  • $2,055,194
  • 5/28/26
  • Ash Way Overlay 164th Street SW Park Ride
  • Snohomish County
  • $845,657
  • 5/28/26
  • 2026 Citywide Pavement Repairs Grind Inlays
  • Camas
  • $1,142,142
  • 5/27/26
  • 183rd Avenue SW Empire Street SW Sargent Road SW Phase 1
  • Thurston County
  • $2,223,612
  • 5/21/26
  • NE Big Rock Road Overlay
  • King County - WA
  • $1,890,864
  • 5/21/26
  • ADA Curb Ramp 2026
  • Redmond
  • $2,760,805
  • 5/21/26
  • Eastrail NE Spring Boulevard Trail Link
  • Bellevue
  • $5,737,815
  • 5/21/26
  • Aqua Vista Sewer Replacement
  • Bellevue
  • $1,144,754
  • 5/21/26
  • SR 203 NE 124th St Skykomish River Paving Exceptions
  • WSDOT
  • $4,622,663
  • 5/20/26
  • SR 241 SR 14 Sunnyside Vic Columbia River Vic Wheel Path Chip Seal
  • WSDOT
  • $11,661,471
  • 5/20/26
  • SE Blair Road
  • Clark County - WA
  • $1,388,057
  • 5/19/26
  • 2026 City Wide Asphalt Overlay
  • Kennewick
  • $783,481
  • 5/19/26
  • I 5 1 2 Mi S Rogers Rd SR 505 Vic Paving
  • WSDOT
  • $9,891,850
  • 5/13/26
  • SR 525 525 Spur Vic Mukilteo Ferry Vic Paving ADA
  • WSDOT
  • $7,107,884
  • 5/13/26
  • SR 14 W Camas Slough Bridge Deck Paving
  • WSDOT
  • $1,830,000
  • 5/13/26
  • Pavement Management 154th Avenue NE Redmond Way NE 85th Street
  • Redmond
  • $993,599
  • 5/7/26
  • SR 508 0 3 Miles East Bergen Rd Engineered Log Jam
  • WSDOT
  • $2,550,037
  • 5/6/26
  • US 12 W Gulch Bridge Rimrock Retreat Paving
  • WSDOT
  • $11,661,471
  • 5/6/26
  • SR 9 Park Rd 547 SAAR Sumas Paving
  • WSDOT
  • $6,048,502
  • 5/6/26
  • SR 17 NCR Seal 2026
  • WSDOT
  • $9,811,725
  • 5/6/26
  • Harbor Pointe Boulevard Pavement Preservation
  • Mukilteo
  • $1,670,147
  • 5/5/26
  • Canyon Road Overlay Umptanum Road Mountain View Avenue
  • Ellensburg
  • $793,779
  • 4/30/26
  • Rocky Flat Road Maintenance
  • Yakima County
  • $302,705
  • 4/30/26
  • 2026 County Overlay ADA Program
  • Snohomish County
  • $2,478,507
  • 4/30/26
  • Olympic View Drive Pavement Preservation
  • Edmonds
  • $1,174,586
  • 4/28/26
  • 2026 Asphalt Patch Repairs
  • Snohomish County
  • $1,678,950
  • 4/28/26
  • 2026 Resurfacing
  • Vancouver
  • $2,205,896
  • 4/28/26
  • Westside Water Main Phase II Overlay
  • Mountlake Terrace
  • $2,483,242
  • 4/23/26
  • SR 534 I 5 Interchange SR 9 Vic Paving
  • WSDOT
  • $2,570,511
  • 4/22/26
  • US 2 Cashmere West Paving
  • WSDOT
  • $6,916,596
  • 4/22/26
  • I 5 N Old Hwy 99 SW N Maytown Rd SW Paving
  • WSDOT
  • $6,744,655
  • 4/22/26
  • Transit Connection Corridor C2202
  • Mountlake Terrace
  • $2,415,322
  • 4/21/26
  • CRP 2066 Cloquallum Road Safety Enhancement
  • Mason County
  • $1,467,017
  • 4/17/26
  • Elfendahl Pass Road Improvement
  • Mason County
  • $982,527
  • 4/17/26
  • I 5 Koontz Rd S Alder St Exceptions
  • WSDOT
  • $3,358,733
  • 4/15/26
  • 2026 Pavement Repairs
  • Vancouver
  • $1,115,115
  • 4/14/26
  • 2026 Countywide Pavement Overlay
  • Cowlitz County
  • $3,385,654
  • 4/13/26
  • Runway 16R 34L Rehabilitation North
  • Snohomish County
  • $20,705,045
  • 4/7/26
  • Grant Rd Resurfacing N Quincy Ave Urban Industrial Way CRP 1023
  • Douglas County - WA
  • $1,513,500
  • 4/6/26
  • 2026 Bituminous Surface Treatment Area 2
  • Benton County
  • $1,427,190
  • 4/2/26
  • US 101 N Ocean Beach Rd Jefferson Co Line Paving
  • WSDOT
  • $34,686,068
  • 4/1/26
  • Brighton Creek Culvert Replacement Harts Lake Rd D462
  • Pierce County
  • $6,652,866
  • 4/1/26
  • 2026 Pavement Maintenance Overlay
  • Everett
  • $3,097,946
  • 3/31/26
  • 2026 Overlay Program
  • Bellevue
  • $1,098,986
  • 3/26/26
  • P2606 2026 Bituminous Surface Treatment Seal Coat
  • Kennewick
  • $779,233
  • 3/24/26
  • North Horn Rapids Sewer Extension
  • Richland
  • $2,577,979
  • 3/24/26
  • Salmon Creek Sports Complex Paving Restoration
  • Clark County - WA
  • $237,076
  • 3/17/26
  • Urban Core Bike Network Connections Phase 1
  • Bellevue
  • $887,361
  • 3/12/26
  • South Service Center Line Dock Asphalt
  • Seattle
  • $803,708
  • 3/11/26
  • 2026 HMA Overlays
  • Clark County - WA
  • $3,939,413
  • 3/10/26
  • 2026 Pavement Preservation
  • Bothell
  • $805,811
  • 3/5/26
  • Little Squalicum Water Quality Retrofits Phase 2 EV 177
  • Bellingham
  • $2,708,240
  • 3/4/26
  • I 90 EB Mercer Slough 150th Ave SE Paving Bridge Deck Resurface XE3701
  • WSDOT
  • $4,385,923
  • 3/4/26
  • Friends Landing Boat Launch Parking Lot Renovation
  • Grays Harbor
  • $822,767
  • 2/27/26
  • SR 510 SR 702 SR 507 CRAB Bundle 1A Compact Roundabouts
  • WSDOT
  • $4,094,911
  • 2/25/26
  • 2026 South Machias Road Culvert Replacements
  • Snohomish County
  • $2,487,555
  • 2/24/26
  • 2026 Independence Road Improvement
  • Yakima County
  • $2,874,033
  • 2/19/26
  • XE3692 SR 17 Cunningham Rd Roundabout
  • WSDOT
  • $3,021,322
  • 2/19/26
  • W Fourth Pl Blvd Mill Pl Main St NHS Resurfacing
  • Vancouver
  • $1,920,920
  • 2/17/26
  • Kelsey Creek Culvert Lake Hills Blvd Water Sewer Replacement
  • Bellevue
  • $7,548,813
  • 2/5/26
  • Queensborough Sewer Rehabilitation
  • Alderwood Water and Wastewater District
  • $5,352,452
  • 2/3/26
  • I 5 SB I 205 NE 179th St Concrete Pavement Rehabilitation
  • WSDOT
  • $9,415,900
  • 1/28/26
  • US 101 Safety Improvement
  • Aberdeen
  • $2,814,720
  • 1/22/26
  • SR 124 US 12 Interchange EB Bridge Repair
  • WSDOT
  • $1,726,198
  • 1/22/26
  • Transit Connection Corridor
  • Mountlake Terrace
  • $2,272,768
  • 1/21/26
  • CRP 634 North Railroad Avenue Improvements
  • Franklin County - WA
  • $1,313,013
  • 1/15/26
  • Fish Lake Tr Cent Tr Connection Phase 1 Thorpe Govt Way 1
  • Spokane
  • $3,044,444
  • 1/13/26
  • Stossel Right Bank Revetment ReBid
  • King County - WA
  • $1,988,330
  • 1/13/26
Bidjudge
CASH FLOW
  • Stossel Right Bank Revetment ReBid
  • WSDOT
  • $2,944,786
  • 08/16/26
  • 80
  • 11.3%
  • $1,104,295
  • $2,613,498
  • Stossel Right Bank Revetment ReBid
  • WSDOT
  • $4,622,663
  • 07/19/26
  • 120
  • 30.8%
  • $1,155,666
  • $3,197,342
  • Stossel Right Bank Revetment ReBid
  • WSDOT
  • $6,048,502
  • 07/05/26
  • 120
  • 42.5%
  • $1,512,126
  • $3,477,889
  • Stossel Right Bank Revetment ReBid
  • Mukilteo
  • $1,670,147
  • 07/04/26
  • 120
  • 43.3%
  • $417,537
  • $946,417
  • Stossel Right Bank Revetment ReBid
  • Snohomish County
  • $2,478,507
  • 06/29/26
  • 120
  • 47.5%
  • $619,627
  • $1,301,216
  • Stossel Right Bank Revetment ReBid
  • Vancouver
  • $2,205,896
  • 06/27/26
  • 120
  • 49.2%
  • $551,474
  • $1,121,330
  • Stossel Right Bank Revetment ReBid
  • Mason County
  • $982,527
  • 06/16/26
  • 120
  • 59.2%
  • $245,632
  • $401,199
  • Stossel Right Bank Revetment ReBid
  • Clark County - WA
  • $237,076
  • 05/16/26
  • 120
  • 84.2%
  • $59,269
  • $37,537
  • $5,665,626
  • $13,096,428
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