New Mexico Awards First BEAD Construction Grant for Rural Fiber Build
New Mexico signed its first BEAD construction agreement, providing Kit Carson Electric Cooperative $26.9 million in federal funding plus more than $12 million in matching funds to connect 3,935 locations across five northern counties. The award and Michigan’s larger contracting action signal a shift toward execution, creating multi-year opportunities while permitting, environmental review, tribal consultation, and right-of-way work may shape schedules and subcontracting.