On February 21, 2026, the New Mexico government made a significant announcement regarding the awarding of several multi-million dollar contracts to local businesses across the state. These contracts are part of the government's ongoing efforts to support the growth and development of the local economy, as well as to promote job creation and prosperity for all residents of New Mexico.One of the largest contracts awarded was a $10 million deal to a construction company based in Albuquerque. The company will be responsible for the renovation and expansion of several state-owned buildings, including government offices and public facilities. This project is expected to create hundreds of jobs in the construction industry and inject much-needed capital into the local economy.In addition to the construction contract, several other local businesses were awarded contracts in various sectors, including technology, healthcare, and transportation. These contracts range in value from $1 million to $5 million and are expected to have a positive impact on their respective industries and the broader New Mexico economy.Governor Maria Martinez praised the efforts of the selected businesses and highlighted the importance of supporting local enterprises in order to ensure a thriving economy in New Mexico. "By awarding these contracts to our local businesses, we are not only investing in their success but also in the future prosperity of our state," Governor Martinez said in a statement.The selection process for awarding these contracts was rigorous, with a focus on promoting diversity and inclusion among the chosen businesses. The government worked closely with various agencies and organizations to ensure that the contracts were distributed fairly and transparently, in line with the state's commitment to promoting equal opportunities for all businesses.Overall, the announcement of these government contracts marks a significant milestone in the economic development of New Mexico. By providing opportunities for local businesses to thrive and grow, the government is taking proactive steps to ensure a sustainable and prosperous future for all residents of the state.