On February 23, 2026, the state of Oregon announced that it has awarded over $500 million in new contracts to various businesses and organizations in an effort to stimulate economic growth and create jobs in the state. The contracts, which cover a wide range of industries including construction, information technology, healthcare, and education, are part of Governor Kate Brown's push to support local businesses and revitalize the state's economy.One of the largest contracts awarded is a $100 million deal with a local construction company to build new infrastructure projects across the state. This investment is expected to create hundreds of jobs and improve Oregon's transportation network, making it easier for businesses to operate and for residents to commute to work.In addition to the construction contract, the state also awarded a $50 million contract to a technology firm to modernize and upgrade the state's outdated IT systems. This investment is aimed at improving government efficiency and enhancing services for Oregon residents.Furthermore, the state has allocated $75 million to support small businesses and entrepreneurs through grants and loans. This funding will help these businesses recover from the economic impact of the COVID-19 pandemic and thrive in the post-pandemic economy.Governor Brown stated that these contracts mark a significant milestone in Oregon's economic recovery efforts and demonstrate the state's commitment to supporting local businesses and creating opportunities for Oregonians. She emphasized the importance of investing in infrastructure, technology, and small businesses to drive economic growth and ensure a prosperous future for all residents.Overall, the new contracts are expected to have a positive impact on Oregon's economy, creating jobs, boosting local businesses, and improving government services. As the state continues to recover from the economic challenges of the past few years, these investments are seen as a crucial step towards building a more resilient and prosperous Oregon.