Lillard & Clark Construction Co Inc.

Lillard & Clark Construction Co Inc., a Denver-based for-profit Subchapter S corporation, performs specialized heavy civil engineering and dam infrastructure rehabilitation work for the federal government as a prime contractor exclusively, competing primarily under total small business set-asides. The company operates across NAICS 238190 (Other Heavy and Civil Engineering Construction) and related structural metalwork categories, with a narrow but concentrated customer footprint anchored to the Department of the Interior's Bureau of Reclamation and the Department of the Army.

Lillard & Clark's capability portfolio centers on dam infrastructure maintenance and rehabilitation — wire rope replacement, penstock recoating and fabrication, platform and guardrail replacement, metalwork spot repairs, and associated structural restoration. Representative prime work includes a $14.6 million full-and-open definitive contract with the Bureau of Reclamation for penstock rehabilitation and metal fabrication at the Green Mountain Powerplant in Colorado (awarded January 2024, completed May 2024); a $1.78 million total small business set-aside definitive contract for wire rope replacement at Norton Dam in Kansas (awarded June 2024, completion target August 2025); a $388,846 total small business set-aside contract for ladder, platform, and guardrail replacement at Shadehill Dam in South Dakota (awarded June 2025, completion target May 2026); and a $321,000 total small business set-aside purchase order for Rio Chama Trail staircase and suspension bridge removal work in New Mexico (awarded May 2026, completion target August 2026). The company has accumulated over $49 million in combined potential value across 54 prime awards since 1981.

Customer concentration is extreme. The Bureau of Reclamation accounts for 24 awards and the full $49.1 million in combined potential value (91% of awards in the source). The Department of the Army holds 24 awards with no disclosed dollar value, and the Army Corps of Engineers holds 1 award. Of the 54 total awards, Lillard & Clark operates 100% as prime contractor with no subcontract work, though when SCI-reportable (federal service contracts above $150,000), the company engaged subcontractors for roughly 17% of contract-level hours across its two prime SCI records. The vendor sits on multiple Army Corps of Engineers indefinite-delivery contracts (DACW4580C0215, DACW4584C0194, DACA4587C0162, DACW4581C0083, DACW4583C0411) with between one and two task orders each, though these vehicles account for a small share of recent activity compared to direct Bureau of Reclamation awards.

Activity has flattened significantly since 2022. The vendor received two awards in 2021, one in 2022, then one award per year in 2024, 2025, and 2026 — a sharp drop from the company's historical volume. SCI-reportable invoicing ran $4.2 million in FY2022 and $5.2 million in FY2023, supported by 3.7 and 6.6 FTEs respectively, with zero reported FY2024 invoicing. On government-paid hourly rates for SCI-reportable work, median rates sat around $548/hr, with junior labor pricing near $367/hr and senior labor through roughly $720/hr. Recompete exposure in the next twenty-four months is minimal — only one award ($321,000) faces ultimate completion within that window. The combination of low annual award volume, concentrated customer dependence on a single agency with declining order frequency, and absence of any vehicle-based recurring work creates substantial pipeline visibility risk despite the company's forty-five-year tenure in federal dam rehabilitation.