In a move that is sure to invigorate Rhode Island's economy, Governor Gina Raimondo announced a series of significant contracts news on February 18, 2026. The contracts, totaling over $50 million, will create jobs, support local businesses, and boost economic growth in the state.One of the key contracts announced is a $20 million agreement with a local construction company to build a new state-of-the-art research facility. The facility, which will be located in Providence, is expected to create hundreds of jobs during the construction phase and provide a hub for innovation and research in various industries.In addition to the construction contract, Governor Raimondo also revealed a $15 million agreement with a technology company to develop a new software platform that will streamline government services and improve efficiency. This investment is expected to modernize the state's infrastructure and make it easier for residents to access public services.Furthermore, Rhode Island inked a $10 million contract with a renewable energy company to build a solar farm in the state. This project will not only create jobs in the renewable energy sector but also move the state closer to its clean energy goals, reducing its carbon footprint and promoting sustainability.Governor Raimondo expressed her excitement about the contracts news, stating that these investments will have a lasting impact on Rhode Island's economy. "These contracts represent a significant step forward for our state, creating jobs, supporting local businesses, and driving innovation," she said. "I am confident that they will help propel Rhode Island into a more prosperous future."The contracts news has been met with enthusiasm from both business leaders and residents, who see these investments as a much-needed boost for the state's economy. With construction set to begin soon on the new research facility and the technology platform expected to be up and running within the year, Rhode Island is poised for growth and prosperity in the coming months.