- Technology Construction - AZ
- 2026
- 10
- 5
- 50.00%
- $25,335,377
- 9.39%
- 6.93%
- 12.33%
- $65,207,041

Technology Construction maintains a solid **$84.5M** backlog, supported by three major 2026 awards totaling over **$20.9M** with durations of 180-210 months. Steady cash inflows from ongoing work in AZ wastewater and bridge projects should cover operations through mid-year. Execution risk remains low given the contractor's recent low-bid momentum.
Medium-term Outlook (6-12 months)
Bidding volume has risen to **$60.8M** in 2026 with a 37.5% success rate, positioning the firm for potential backlog growth beyond **$100M** if current trends hold. Cash flow should remain positive as long-duration projects (**180+ months**) convert to steady billings. However, conversion of the remaining pipeline will determine whether revenue scales with overhead.
Key Risk Period
The 12-18 month window presents the greatest exposure, as multiple large 2025-2026 awards reach peak burn rates simultaneously while older low-margin jobs from 2022 expire. A dip in win rate below 25% could create a **$15-20M** backlog gap and pressure liquidity.
Recommendations
Prioritize selective bidding on higher-margin municipal work to protect margins and shorten average project duration. Implement monthly cash-flow forecasting tied to the **$84.5M** backlog to identify any working-capital shortfalls early.
- Jerome Wastewater Treatment Plant Improvements
- Jerome
- 6/3/26
- Colorado River Indian Tribes CRIR 60 Weir Bridge H036
- Colorado River Tribes
- 6/2/26
- Colorado River Indian Tribes CRIR 60 Weir Bridge H035
- Colorado River Tribes
- 6/2/26
- Yavapai Crookton Rd (YYV-0-(225)T)
- ADOT
- 2/6/26
- Section 10 WRP Clarifier 3 RAS WAS Pump Station Improvements
- Bullhead
- 2/4/26
- Jerome Wastewater Treatment Plant Improvements
- Jerome
- $9,612,316
- 6/3/26
- Colorado River Indian Tribes CRIR 60 Weir Bridge H036
- Colorado River Tribes
- $2,446,238
- 6/2/26
- Colorado River Indian Tribes CRIR 60 Weir Bridge H035
- Colorado River Tribes
- $2,001,936
- 6/2/26
- Bagdad Hillside SR 96 (096-A-(200)T)
- ADOT
- $10,920,829
- 5/15/26
- Yavapai Big Bug (YYV-0-(220)T)
- ADOT
- $609,600
- 5/1/26
- Holbrook Springerville (180-B-(211)T)
- ADOT
- $10,596,570
- 4/24/26
- Flying Fortress Parkway Phase II Grand Canyon Rd Airway (REBID)
- Kingman
- $16,157,665
- 3/24/26
- Yavapai Crookton Rd (YYV-0-(225)T)
- ADOT
- $2,171,287
- 2/6/26
- Section 10 WRP Clarifier 3 RAS WAS Pump Station Improvements
- Bullhead
- $9,103,600
- 2/4/26
- Sedona Shelby Dr (SED-0-(204)T)
- ADOT
- $1,587,000
- 1/16/26
- Jerome Wastewater Treatment Plant Improvements
- Jerome
- $9,612,316
- 08/02/26
- 180
- 0%
- -
- $9,612,316
- Colorado River Indian Tribes CRIR 60 Weir Bridge H035
- Colorado River Tribes
- $2,001,936
- 08/01/26
- 180
- 0%
- -
- $2,001,936
- Colorado River Indian Tribes CRIR 60 Weir Bridge H036
- Colorado River Tribes
- $2,446,238
- 08/01/26
- 180
- 0%
- -
- $2,446,238
- Sedona Shelby Dr (SED-0-(204)T)
- ADOT
- $2,171,287
- 04/07/26
- 210
- 46.7%
- $310,184
- $1,158,020
- Sedona Shelby Dr (SED-0-(204)T)
- Bullhead
- $9,103,600
- 04/05/26
- 180
- 55.6%
- $1,517,267
- $4,046,044
- Sedona Shelby Dr (SED-0-(204)T)
- Department Transportation
- $3,667,415
- 01/18/26
- 365
- 48.5%
- $301,431
- $1,888,970
- $2,128,882
- $21,153,524

