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GovSpend

Federal Construction Contracts

38.72% of total federal contract spending

Total Spending (FY2024)
$203.4B

Building construction, infrastructure development, facility maintenance, military base construction, and environmental remediation projects.

$203.4B
Total Obligations
451
Contractors
38.72%
Share of Total
Cyclical
Trend

Top Construction Contractors

Industry Outlook

Cyclical spending tied to infrastructure bills and military construction. The construction sector accounts for 38.72% of all federal contract spending, distributed across 451 active contractors.

Federal Construction Contracts FAQ

The federal government obligated $203,384,278,045 on construction contracts in FY2024, representing 38.72% of total federal contract spending across 451 contractors.

The largest federal construction contractors include Huntington Ingalls Inc., Huntington Ingalls Incorporated, Bath Iron Works Corporation. These companies receive the bulk of federal construction spending.

The top agencies for construction spending include Department of Defense, Department of Veterans Affairs, General Services Administration.

Sources: USASpending.gov, Federal Procurement Data System
Last updated:

Industry categorization is based on Product and Service Code (PSC) classifications from the Federal Procurement Data System. Spending figures represent total federal obligations for FY2024.