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RESTORE Act Direct Component – Construction and Real Property Acquisition Activities

US U › S › Department of Treasury RESTORE Act Program grant open #GR-RDC-25-001
Response due Oct 31, 2026 · 00:00 UTC

Summary

This is a federal grant opportunity under the RESTORE Act Direct Component administered by the U.S. Department of Treasury RESTORE Act Program. It covers construction and real property acquisition activities eligible under the RESTORE Act, which directs funds from BP oil spill penalties to Gulf Coast restoration. The opportunity is posted as a synopsis and remains open for an extended window through October 2026, suggesting a rolling or programmatic funding notice.

What they want

Funding is available under the RESTORE Act Direct Component for construction projects and real property acquisition activities. Eligible activities are those consistent with the RESTORE Act's Gulf Coast ecosystem restoration and economic recovery mission. Applicants must propose construction or land/property acquisition efforts that advance these statutory goals. The opportunity number is GR-RDC-25-001 and is listed under agency code USDOT-GCR.

How they evaluate

Submission: Grants.gov federal grants portal (grants.gov)

Risks & flags

  • Minimal scope detail provided — synopsis only; full eligibility and evaluation criteria not disclosed in this notice
  • Agency code (USDOT-GCR) does not clearly map to a standard Treasury bureau, warranting verification of the correct issuing office
  • Extended 2-year open window (Sep 2024 – Oct 2026) is atypical and may indicate a rolling/programmatic notice rather than a competitive single-award procurement

Market context

inferred from NAICS
Construction
NAICS 237990
US market size
$2.1T
Typical award
$50K – $200M+
Typical buyers
USACEGSA PBSStatesCities
Commonly required
GC licenseBondingOSHA 30

Sector-level estimate — full code lookup not yet in catalog.

Real Estate & Rental/Leasing
NAICS 531190
US market size
$2.4T
Typical award
$100K – $500M (long leases)
Typical buyers
GSA PBSDoDCities
Commonly required
State real estate license

Sector-level estimate — full code lookup not yet in catalog.

RESTORE Act Direct Component – Const…
Due Oct 31
Onboard ↗