Insights

Understanding Florida Procurement Trends

By New River Strategies

Florida’s public-sector market continues to create significant opportunity, but one of the most important trends we see in 2026 is that not every public dollar is moving in the same direction.

At the state level, investment remains substantial. Florida’s FY 2026-27 budget includes $14.4 billion for the State Transportation Work Program, including $4.9 billion for highway construction and maintenance, $1.4 billion for resurfacing, $155.5 million for seaport infrastructure and $374.7 million for aviation improvements.

For companies working in construction, engineering, infrastructure, technology and professional services, those numbers matter. But the headline number is only the starting point.

What we are watching more closely is where the funding comes from, how secure it is and how early a project can be identified.

FDOT’s Five-Year Work Program is a good example. Projects move through planning, engineering, right-of-way, construction and public transportation programming years before many contractors or consultants see an advertised procurement. FDOT itself describes the Work Program as a five-year plan developed with local governments and metropolitan planning organizations.

At the local level, the picture is more complicated.

Florida voters are scheduled to consider a major property-tax amendment in November 2026. The proposal would substantially increase the homestead exemption for non-school property taxes. Recent reporting indicates cities and counties are already evaluating hiring freezes, service reductions and potential delays to capital projects as they plan for what reduced property-tax revenue could mean.

For businesses pursuing government work, that creates an important distinction: a project being discussed is not the same as a project being funded.

We increasingly look at opportunities through several filters. Is the funding dedicated? Is the project already in a capital plan? Is it tied to transportation, utilities, public safety or another essential service? Is there a state or federal funding component? Has the owner begun allocating money, or is the project still aspirational?

There is also more reason than ever to maintain disciplined procurement practices. The U.S. Department of Justice has intensified its focus on government procurement through its Procurement Collusion Strike Force. Reuters reported in June that nearly half of the Antitrust Division’s current investigations involve government procurement.

The takeaway is not that Florida opportunity is shrinking. It is that market intelligence matters more.

The companies best positioned for the next several years will not simply monitor bid portals. They will follow budgets, capital plans, agency priorities, legislative appropriations, agendas and funding decisions.

The solicitation tells you what is available today.

Understanding the market tells you what is likely to be available tomorrow — and whether it is worth pursuing.

Sources