Federal Spending Report — Week of 2026-06-28
Federal Spending Report: June 28 – July 4, 2026
The federal government obligated $140.5 million across 74 awards during the week of June 28 to July 4, 2026, with a single massive energy infrastructure grant accounting for nearly 88 percent of total spending. The week's activity involved 30 unique contractors and 10 agencies, with the Department of Energy leading by a wide margin.
A transformational $123 million grant to South32 Hermosa Inc. from the Department of Energy dominated the week's spending, representing a singular focus on Arizona-based energy development. The award dwarfed the second-largest grant—$8.6 million to Tennessee's Department of Environment & Conservation—by a factor of 14. Three additional top-five awards went to academic and environmental institutions: Ohio State University received $1.1 million, the University of Pittsburgh secured $757,000, and New Hampshire Fish & Game obtained $897,000.
Beyond the top earners, the contractor landscape reveals a highly fragmented distribution. After South32 Hermosa and two state agencies, a large cluster of unidentified entities collectively received $762,000 across 44 separate awards—averaging just $17,318 per contract. This pattern suggests significant activity in smaller grants that remain redacted, likely due to privacy protections.
The Department of Energy's commanding $123 million represented 87.6 percent of weekly obligations, with the Department of the Interior following distantly at $9.9 million across five awards. The Department of Agriculture, despite funding the most awards at 47, obligated only $3.1 million—the smallest average award size among major agencies at roughly $66,000 per contract. The Department of Health and Human Services and National Science Foundation each obligated approximately $1.6 million to $1.9 million.
Geographically, Arizona captured nearly 88 percent of all spending through the single South32 Hermosa award, with Tennessee emerging as the distant second-place state at $8.6 million. The remaining $8.9 million spread across Ohio, Rhode Island, New Hampshire, Pennsylvania, and other states. Award structure showed a strong preference for grants, which accounted for 99 percent of obligations at $139 million, while direct payments represented only $1.6 million of the total.