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National debt$40.10T FY2026 deficit$1.97T Debt per resident≈$117K FY2026 receipts$4.85T FY2026 outlays$6.81T Operating balance$959.6B Figures as of Sep 28, 2026 · Sourced from U.S. Treasury data

Money Trail | Federal Spending

Money Trail: A $113.7 million Coast Guard order went to Gilbane Federal on October 29

GILBANE FEDERAL received a $113,748,477.00 contract action from the U.S. Coast Guard on October 29, 2026 for design and build work to recapitalize waterlines at Base Kodiak, in the contract week compiled from USAspending records dated October 23 to 29, 2026.

Key takeaways

  • GILBANE FEDERAL received a $113,748,477.00 delivery order action from the Department of Homeland Security, through the U.S. Coast Guard, on October 29, 2026.
  • The award record, number 70ZS0327FKODI0002, describes design build work to recapitalize Base Kodiak waterlines.
  • Department contract obligations for October 23 to 29, 2026 totaled $236,667,990.01 across 629 transactions, so this single action is about 48 percent of the department total for the week.

What the record says this money does

Most contract coverage stops at the department total. The record underneath it names the work and the place. The USAspending description for this delivery order reads design build recapitalize Base Kodiak waterlines, in plain English a design and construction job to renew the waterline system at the Coast Guard base at Kodiak, Alaska. That is the line in the award record the headlines skipped: nearly half of one department's contract week is one infrastructure job at one base.

The order sits under the Department of Homeland Security, with the U.S. Coast Guard as the awarding sub agency named in the record. The action date is October 29, 2026, inside the contract week the Ledger compiled from USAspending transactions with action dates from October 23 to 29, 2026. The figure is the net federal action obligation for this transaction in that period, stated exactly as recorded: $113,748,477.00.

Where this action sits in the department week

The Department of Homeland Security obligated $236,667,990.01 across 629 contract transactions in the same week, per the compiled USAspending records. At $113,748,477.00, this single Gilbane Federal action accounts for about 48 percent of that department total, the largest Homeland Security action in the compiled top awards list for the week. The rest of the department total is spread across hundreds of smaller transactions, which is why a single named order can stand out in a week without being the whole story.

Yesterday the Money Trail followed a Homeland Security support order from the prior contract week. Tomorrow the trail follows the next named recipient in the new records, and followers get one named recipient with the exact figure, every day. The full award record is linked in the Sources section below, so any reader can check the figure, the date, and the description directly.

Data vintage: USAspending contract transactions with action dates from October 23 to 29, 2026, compiled November 2, 2026. Figures are net federal action obligations per transaction in that period. Department of Defense contract data is largely absent from the USAspending records for recent periods, a reporting gap noted in the compiled file, so department comparisons for this week exclude meaningful Defense data.

Sources

1. USAspending award record for delivery order 70ZS0327FKODI0002: https://www.usaspending.gov/award/CONT_AWD_70ZS0327FKODI0002_7008_70Z04723DPCNI0007_7008/

2. USAspending award search: https://www.usaspending.gov/search/

Source: U.S. Department of the Treasury, Daily Treasury Statement, September 28, 2026; Debt to the Penny.

Sources and methodology

Methodology. Daily cash figures are from the U.S. Treasury’s Daily Treasury Statement (DTS) for September 28, 2026, the government’s official daily cash-flow report. The DTS records money actually moving in and out of Treasury accounts; it is not the same as the budget deficit, which is measured monthly on an accrual-adjusted basis.

  • U.S. Department of the Treasury, Daily Treasury Statement – operating cash balance, September 28, 2026 (fiscaldata.treasury.gov)
  • U.S. Department of the Treasury, Debt to the Penny – September 28, 2026 (fiscaldata.treasury.gov)

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