Iron Sheepdog Market Intelligence

Virginia | September 2026

Virginia’s September 2026 Iron Index is 46 (Soft). VDOT recorded $22,309,679 in low bids across 9 contracts; 49.6% of value was in earthwork-intensive work. Regional diesel was $5.953/gal in the week of 2026-09-28. September construction employment was down 1.4% year over year.

REPORT TYPE
State Report
REPORTING PERIOD
September 2026
PUBLISHED
October 21, 2026
DATA AS OF
September 23, 2026
VERIFIED
October 21, 2026
THE IRON INDEX™

The monthly operating picture

3
verified sources
46
/ 100
Soft
-18 since August

One score summarizing project activity, demand, capacity, operating pressure, and near-term opportunity.

THIS MONTH IN 20 SECONDS
↗

VDOT recorded $22.3M in low bids across 9 September contracts.

!

49.6% of recorded low-bid value was in earthwork-intensive work.

→

Regional diesel was $5.953/gal in the week of 2026-09-28.

MARKET SCORECARD

Where the market stands now

0 weak  •  100 exceptional
Transportation
12
/100
Heavy civil
90
/100
Project pipeline
/100
Broker opportunity
/100
Hauler capacity
67
/100
Fuel risk
25
/100
DEEP DIVE

The full market analysis

For readers who want the detail behind the score, signals, regional outlook, and operating recommendations.

Executive read: Virginia’s September Iron Index is 46 (Soft), Iron Sheepdog’s proprietary assessment. The September letting was much smaller than August’s, while roundabout and roadway safety construction accounted for almost half of recorded low-bid value. Regional diesel costs rose, and the employment-based capacity proxy pointed to looser availability.

Market at a glance

  • Recorded low bids: $22,309,679 across 9 contracts
  • Letting date: 2026-09-23
  • Work mix: 49.6% of value in earthwork-intensive work
  • Regional diesel: Lower Atlantic (PADD 1C), $5.953/gal, week of 2026-09-28
  • Construction employment: 228,500 jobs in September, down 1.4% year over year
  • Data coverage: Four verified metrics

Where the work was

SMART SCALE - SAFETY IMPROVEMENTS

$5,992,427 across 1 contract, representing 26.9% of recorded low-bid value. Confirm actual hauling scope, award status and mobilization with the contractor.

ROUNDABOUT

$5,070,390 across 1 contract, representing 22.7% of recorded low-bid value. Confirm actual hauling scope, award status and mobilization with the contractor.

ON-CALL SIGNAL AND ITS IMPROVEMENTS

$3,221,348 across 1 contract, representing 14.4% of recorded low-bid value. Confirm actual hauling scope, award status and mobilization with the contractor.

CLEAR ZONE IMPROVEMENTS - GUARDRAIL

$1,986,600 across 1 contract, representing 8.9% of recorded low-bid value. Confirm actual hauling scope, award status and mobilization with the contractor.

Projects and programs to watch

C0000119597C01B

SMART SCALE - SAFETY IMPROVEMENTS: $5,992,427 in the published ranked low bid. Confirm the contractor’s schedule, material requirements and hauling package before committing capacity.

C0000123290C01

ROUNDABOUT: $5,070,390 in the published ranked low bid. Confirm the contractor’s schedule, material requirements and hauling package before committing capacity.

C0000128686N01

ON-CALL SIGNAL AND ITS IMPROVEMENTS: $3,221,348 in the published ranked low bid. Confirm the contractor’s schedule, material requirements and hauling package before committing capacity.

C000125173N01C

CLEAR ZONE IMPROVEMENTS - GUARDRAIL: $1,986,600 in the published ranked low bid. Confirm the contractor’s schedule, material requirements and hauling package before committing capacity.

Operating environment

Fuel and margins

EIA reported Lower Atlantic (PADD 1C) on-highway diesel at $5.953/gal for the week of 2026-09-28, 12.6% above its recent reference level. This is a regional figure, not a Virginia pump price. Check fuel-adjustment terms and loaded and empty miles when pricing work.

Hauling capacity

BLS reported 228,500 construction jobs in September 2026, down 1.4% from September 2025. Hauler Capacity is an employment-based proxy, not a measurement of truck supply. The proxy points to looser availability; local truck commitments still need direct confirmation.

Opportunity map

  • Prioritize contractor outreach around roundabout and roadway safety construction.
  • Match coverage to confirmed hauling scope, material specifications and start dates.
  • The capacity proxy indicates looser availability; confirm actual regional capacity directly.

Risk map

  • Low-bid totals are not final awards or guaranteed mobilizations.
  • Large individual contracts can shift the monthly picture; contract count is not truck demand.
  • Regional diesel was 12.6% above its recent reference level during the reporting period.
  • DOT lettings omit private, county and municipal construction. Employment is a capacity proxy, not truck availability.

Reading this edition

What the Index covers

This edition reflects recorded VDOT low bids, the mix of work, regional diesel prices and Virginia construction employment. Forward project value is not included because the available VDOT advertisements list projects without the comparable dollar values needed for that measure.

What to do next

Broker playbook

  • Build coverage around roundabout and roadway safety construction.
  • The employment proxy points to looser availability; check truck commitments directly.
  • Use explicit fuel-adjustment terms and validate route costs before quoting.
Explore Broker Intelligence

Contractor playbook

  • Confirm material quantities, hauling scope and mobilization before reserving capacity.
  • Use the looser capacity signal as a prompt for local availability checks, not a truck count.
  • Compare hauling quotes using fuel, loaded miles, empty miles and expected wait time.
Explore Contractor Intelligence

Hauler playbook

  • Ask about material-moving packages within roundabout and roadway safety construction.
  • The capacity proxy suggests looser availability; verify local demand before repositioning trucks.
  • Check fuel-adjustment language, wait-time terms and payment timing before accepting work.
Explore Hauler Intelligence

Sources & methodology

Data as of
September 23, 2026
Verified
October 21, 2026

Edition prepared October 21, 2026. Letting, fuel and employment observations are anchored to the stated reporting period. Employment estimates may be revised after their initial release.

  • VDOT bid tabulations. Data dates: 2026-09-23–2026-09-23. Source file acquired and reviewed October 21, 2026. Published ranked low-bid totals; historical tabulations support the activity assessment.
  • EIA — On-Highway Diesel Prices. Lower Atlantic (PADD 1C), week of 2026-09-28. Retrieved October 14, 2026. Regional price, not a state pump price.
  • BLS — State and Area Employment. Virginia construction, September 2026 compared with September 2025. Retrieved October 21, 2026. Employment-based capacity proxy; estimates subject to revision.

About the Iron Index

The Iron Index is Iron Sheepdog’s proprietary market assessment, built from public DOT, EIA and BLS data. It considers activity, work mix, forward pipeline, fuel pressure and hauling capacity. A score of 60 represents normal conditions for that state. The scoring derivation is proprietary and is not published.

Disclosures

Hauler Capacity is an employment-based proxy, not a measurement of truck supply. Scores describe observed conditions and are not forecasts or guarantees. Low-bid results can change before final award. This report does not measure all private, county or municipal construction.

Put this intelligence to work

Use the market signals above to grow your network, plan capacity, and find better-fit work in Virginia.