• The active pipeline value increased from $31.35B to $33.71B, a change of +$2.36B.

• Project entry into the letting window saw 91 new projects, with a net addition of 59 total projects.

• Houston reports the largest district net cost increase at +$2.19B.

Looking at the July 3 vs. August 3, 2026 snapshots, across a letting window of July 1, 2026 to July 1, 2029, the active project pipeline shows a marked increase in both value and count. The total pipeline value rose by +$2.36B, underscoring a growing infrastructure commitment. Additionally, 91 projects entered the letting stage, while the predominant project type remains roadway, representing 76.2% of the pipeline value.

Of the 78 projects whose letting dates shifted by six months or more, 43 moved earlier and 35 moved later. This means 8 more projects were pulled forward than delayed. Overall, the changes leaned slightly toward earlier letting dates, although the volume of movement in both directions indicates meaningful scheduling adjustments.

Overall, the project type and subtype mix remains largely stable with a slight shift, as roadway projects now comprise 77.9% of the active pipeline project count. There were 11 type/subtype changes observed, highlighting minimal churn in classifications. Furthermore, 7 projects achieved newly assigned classifications during this period.

The active pipeline value has increased from $31.35B to $33.71B. Cost movements reveal that local let projects faced a decline of -$187.38M, while roadway projects saw an increase of +$284.11M. The largest net cost increase was reported in the Houston district at +$2.19B, while Fort Worth recorded a decrease of -$17.43M. This indicates a trend of repricing within the existing pipeline rather than significant structural changes.

The data reveals a dynamic landscape with increased project counts and adjusted letting dates. The slight shift in project types indicates stability, while the cost changes reflect active repricing among significant districts.

Pipeline changes last month resulted in a larger active pipeline, with total value increasing by $2.36B and project count rising by 59. Houston accounted for most of the value increase, while the overall project mix remained largely unchanged and roadway work continued to represent 77.9% of the pipeline. Letting-date changes were substantial in both directions, although slightly more projects moved earlier than later. Overall, the month’s movement reflects a combination of new project additions, estimate revisions, and scheduling changes rather than a major shift in the types of work entering the market.