The announcement arrives as the MTA plans to move a number of megaprojects from planning to the active construction phase, according to the release.

Major projects advancing include the second contract for tunneling on Phase 2 of the Second Avenue Subway expansion. Two additional contracts remain in procurement and design, according to the MTA.

In August 2025, the agency also awarded a $166 million contract for engineering and design of the Interborough Express to a joint venture of Omaha, Nebraska-based HDR and Dallas-based Jacobs.

Other work includes signal modernization on the Fulton & Liberty AC lines in Brooklyn and Queens. The MTA expects the project to deliver 33% cheaper on a per-mile basis than prior signal modernization projects, according to the release. The agency also plans to improve accessibility at seven stations, including the Bryant Park Complex on the BDFM7 trains.

In total, here is the breakdown of the $15.8 billion commitment:

The record-breaking year beats the previous level set in 2022, when the MTA awarded $11.4 billion in contracts, according to the release. In addition to the commitment, the MTA completed $6.7 billion in projects in 2025, trailing only 2023’s $7.1 billion as the strongest year for capital project completions.

“New York is investing in transit like never before, with record levels of investment being made to upgrade our existing system and to bring better transit to more communities,” said Hochul in the release.