What’s happening: The value of transportation projects expected to break ground in the next 30 to 60 days was $25.3 billion in May 2026, up from $12.6 billion a year ago. The increase was driven in part by major projects in Louisiana, Ohio, Kentucky, Georgia, and California.
Year-over-year: The value of awards was $158.6 billion for the 12 months ending May 2026, compared to $139.1 billion for the 12 months ending May 2025.
Value of Contract Awards in the Month of May for 2021 – 2026
More to know:
- 25 states increased the value of transportation project awards in May compared to May 2025.
- States with the highest value of awards include: Georgia, California, Ohio, Louisiana, and Kentucky.
- States with major monthly percentage gains include: Kentucky, Louisiana, Georgia, Utah, and Ohio.
What’s next: Subscribe to the ARTBA Market Intelligence service for data on federal commitments by state and project-type.
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