BidJudge.com - Projects
ews@earthworksolutions.com
8629 156th St NE
Arlington WA
98223
425-215-8884
Health Breakdown
Avg Left
-20
Success
30
Avg Avg
5
Year Proj
50
2 Year Prior Proj
Qual Based
0
Cash Flow
-40
 
25%
25%
Health
Financial Health & Pipeline Brief
Analyzed On:  Aug 13, 2026
Earthwork Solutions (Powered by Grok AI)
Near-term Outlook (next 3-6 months)
Earthwork Solutions faces constrained cash flow from a limited **$5.1M** remaining backlog across four active projects, with minimal near-term billings expected given the slow burn rates. The **19.2%** success rate on **$43.2M** in 2026 bids signals ongoing difficulty converting opportunities amid competitive WA markets.

Medium-term Outlook (6-12 months)
Improved margins of **11.29%** on the **$12.1M** in 2026 low bids could support better profitability if additional work is secured, though total backlog remains insufficient to sustain operations through year-end without new awards. Bid volume decline from **$67.6M** in 2025 to **$43.2M** in 2026 heightens the need for aggressive pursuit of watermain and culvert projects.

Key Risk Period
The period following completion of current 120-month contracts poses the greatest exposure, as the thin **$5.1M** backlog offers little buffer against delayed starts or further bid losses. Extended durations combined with only **$193K–$2.2M** remaining per project amplify cash flow volatility if mobilization lags.

Recommendations
Prioritize increasing bid submissions to rebuild backlog above **$15M** while targeting higher-margin earthwork scopes. Monitor monthly cash draws closely and consider joint ventures to improve the **19.2%** win rate in the near term.
 
JOBS LOW
  • Willows Road Watermain Extension
  • Redmond
  • 6/4/26
  • ADA Curb Ramp 2026
  • Redmond
  • 5/21/26
  • Highlands Reservoir Water Main Improvements
  • Renton
  • 3/25/26
  • 2026 South Machias Road Culvert Replacements
  • Snohomish County
  • 2/24/26
  • Q Avenue Pedestrian Crossings
  • Anacortes
  • 1/28/26
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JOBS BID
  • 2025 Water Main and PRV Improvements
  • Snohomish County
  • $1,107,118
  • 10/7/26
  • Lift Station 24 Conveyance Improvements
  • Everett
  • $2,000,350
  • 9/29/26
  • Bayview Trail Improvements
  • Lake Stevens
  • $723,070
  • 7/17/26
  • Citywide Non Motorized Improvements
  • Bellingham
  • $1,685,281
  • 6/16/26
  • Marysville Middle School 49th Drive NE South Grove Street Safe Routes School
  • Marysville
  • $430,338
  • 6/9/26
  • Willows Road Watermain Extension
  • Redmond
  • $1,323,739
  • 6/4/26
  • Beverly Park Road ADA Upgrades 18th Avenue West Sidewalk Improvements
  • Snohomish County
  • $654,867
  • 5/28/26
  • 2026 Pavement Preservation
  • Marysville
  • $4,764,732
  • 5/28/26
  • ADA Curb Ramp 2026
  • Redmond
  • $1,832,795
  • 5/21/26
  • Highlands Reservoir Water Main Improvements
  • Renton
  • $6,567,108
  • 3/25/26
  • 2026 Doon Way Waterline Replacements
  • Anacortes
  • $1,390,965
  • 3/25/26
  • Cast Iron Water Main Replacement Phase 1 Evergreen Ridge
  • Snohomish County
  • $2,047,608
  • 3/23/26
  • 13th Street Park Avenue Intersection Improvements
  • Snohomish
  • $315,011
  • 3/12/26
  • 2026 Curb Ramp Replacement
  • Sequim
  • $959,453
  • 3/11/26
  • 272nd Street NW 72nd Ave NW Sidewalk Improvements
  • Stanwood
  • $665,477
  • 3/3/26
  • Greely Street Water Quality Retrofit
  • Everett
  • $651,615
  • 3/3/26
  • Cast Iron Main Replacement Phase 2 Silver Lake Water Sewer District
  • Snohomish County
  • $3,448,654
  • 3/3/26
  • 2026 South Machias Road Culvert Replacements
  • Snohomish County
  • $2,112,651
  • 2/24/26
  • Pedestrian Crossing Improvements
  • Anacortes
  • $193,074
  • 2/18/26
  • Cityview Drive Truman Avenue Buildout
  • Richland
  • $1,437,491
  • 2/3/26
  • Downtown Street Tree Sidewalk Repair
  • Shelton
  • $239,627
  • 2/3/26
  • Queensborough Sewer Rehabilitation
  • Alderwood Water and Wastewater District
  • $3,557,131
  • 2/3/26
  • Valley Plaza Water Main Replacement
  • Fife
  • $939,886
  • 1/29/26
  • 112th St SW Lake Louise School Sidewalk
  • Lakewood
  • $772,852
  • 1/28/26
  • Q Avenue Pedestrian Crossings
  • Anacortes
  • $267,107
  • 1/28/26
  • Depot Market Plaza Expansion
  • Anacortes
  • $277,719
  • 1/22/26
  • Transit Connection Corridor
  • Mountlake Terrace
  • $1,863,704
  • 1/21/26
  • 2026 Phase 1 Water Main Replacement
  • Bellevue
  • $4,061,263
  • 1/8/26
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CASH FLOW
  • 2026 Phase 1 Water Main Replacement
  • Redmond
  • $1,323,739
  • 08/03/26
  • 120
  • 61.7%
  • $330,935
  • $507,433
  • 2026 Phase 1 Water Main Replacement
  • Redmond
  • $1,832,795
  • 07/20/26
  • 120
  • 73.3%
  • $458,199
  • $488,745
  • $789,134
  • $996,178
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