- Interwest Construction ICI
- 2026
- 25
- 6
- 24.00%
- $23,426,525
- 8.19%
- 12.64%
- 7.40%
- $90,538,410

Current **$17.5M** remaining backlog from 2026 wins supports steady cash flow execution on active projects with durations of 75-120 months. Improved **25%** success rate versus 2025 provides momentum for near-term revenue recognition. Limited new awards in the period may constrain acceleration.
Medium-term Outlook (6-12 months)
Backlog burn at current pace risks revenue contraction absent additional wins, despite **$23.4M** in 2026 low bids. Lower overall bid volume versus 2025 could limit growth unless success rate sustains above **20%**. Cash flow remains positive but dependent on timely project starts.
Key Risk Period
The 9-15 month window presents highest exposure as multiple long-duration projects approach completion without sufficient replacement backlog. Declining total low bids from **$40M** in 2025 signal potential pipeline weakness.
Recommendations
Increase bid volume to restore **$40M+** annual low totals while targeting margins above **9%**. Prioritize shorter-duration projects to rebuild backlog and stabilize cash flow beyond 12 months.
- US 12 Eschbach Rd Ackley Rd Clover Ln I S Safety Improvements
- WSDOT
- 7/15/26
- Port Gardner Storage Facility West Marine View Dr Storm Combined Sewer Design Construction Package
- Everett
- 5/19/26
- SR 525 525 Spur Vic Mukilteo Ferry Vic Paving ADA
- WSDOT
- 5/13/26
- ADA Peabody Street
- Port Angeles
- 5/12/26
- First Front Pedestrian Enhancements
- Port Angeles
- 4/29/26
- A Street Wastewater Capacity Improvements
- Port Angeles
- 4/9/26
- SR 202 Widening Trestle Replacement Phase B
- Woodinville
- $16,257,092
- 8/19/26
- Gorge Dam Powerhouse Rockfall Mitigation
- Seattle
- $130,700
- 7/29/26
- US 2 Corridor Safety Improvements
- WSDOT
- $8,098,359
- 7/22/26
- 44th Avenue West Underpass Pedestrian Bicycle Improvement
- Lynnwood
- $8,810,339
- 7/21/26
- US 12 Eschbach Rd Ackley Rd Clover Ln I S Safety Improvements
- WSDOT
- $1,717,171
- 7/15/26
- I 90 Hansen Rd Overpass Emergency Bridge Replacement
- WSDOT
- $6,262,626
- 7/1/26
- Whitehorse Trail Improvements MP 0 00 2 63
- Snohomish County
- $771,000
- 6/30/26
- Pine Street TBD 2nd Ave 9th Ave
- Walla Walla
- $6,218,239
- 6/16/26
- Beverly Park Road ADA Upgrades 18th Avenue West Sidewalk Improvements
- Snohomish County
- $593,999
- 5/28/26
- Sandy Cove Park Bank Protection Phase 2
- Snoqualmie
- $3,939,393
- 5/28/26
- I 90 Hansen Rd Overpass Emergency Existing Structure Removal
- WSDOT
- $1,955,555
- 5/20/26
- Port Gardner Storage Facility West Marine View Dr Storm Combined Sewer Design Construction Package
- Everett
- $11,637,311
- 5/19/26
- SR 525 525 Spur Vic Mukilteo Ferry Vic Paving ADA
- WSDOT
- $5,935,979
- 5/13/26
- ADA Peabody Street
- Port Angeles
- $789,747
- 5/12/26
- 2026 Sidewalk Gaps
- North Bend
- $919,000
- 5/6/26
- Harbor Pointe Boulevard Pavement Preservation
- Mukilteo
- $1,718,000
- 5/5/26
- 130th Place NE 132nd Avenue NE Non Motorized Improvements
- Bothell
- $2,322,148
- 4/30/26
- First Front Pedestrian Enhancements
- Port Angeles
- $946,554
- 4/29/26
- A Street Wastewater Capacity Improvements
- Port Angeles
- $2,399,763
- 4/9/26
- 13th Street Park Avenue Intersection Improvements
- Snohomish
- $331,133
- 3/12/26
- 2026 Curb Ramp Replacement
- Sequim
- $876,543
- 3/11/26
- 272nd Street NW 72nd Ave NW Sidewalk Improvements
- Stanwood
- $677,937
- 3/3/26
- Q Avenue Pedestrian Crossings
- Anacortes
- $379,379
- 1/28/26
- Transit Connection Corridor
- Mountlake Terrace
- $1,812,645
- 1/21/26
- 2026 Phase 1 Water Main Replacement
- Bellevue
- $5,037,798
- 1/8/26
- US 12 Eschbach Rd Ackley Rd Clover Ln I S Safety Improvements
- WSDOT
- $1,717,171
- 09/13/26
- 75
- 0%
- -
- $1,717,171
- 2026 Phase 1 Water Main Replacement
- Everett
- $11,637,311
- 07/18/26
- 120
- 30.0%
- $2,909,328
- $8,146,118
- 2026 Phase 1 Water Main Replacement
- WSDOT
- $5,935,979
- 07/12/26
- 115
- 36.5%
- $1,548,516
- $3,768,056
- 2026 Phase 1 Water Main Replacement
- Port Angeles
- $789,747
- 07/11/26
- 120
- 35.8%
- $197,437
- $506,754
- 2026 Phase 1 Water Main Replacement
- Port Angeles
- $946,554
- 06/28/26
- 120
- 46.7%
- $236,639
- $504,829
- 2026 Phase 1 Water Main Replacement
- Port Angeles
- $2,399,763
- 06/08/26
- 120
- 63.3%
- $599,941
- $879,913
- $5,491,861
- $15,522,841

