Federal Independent Agencies
Here's a look at documents from federal independent agencies
Featured Stories
IDB Promotes Access to Potable Water in the Metropolitan Area of Panama and Colon
WASHINGTON, Dec. 11 -- The Inter-American Development Bank issued the following news release:
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IDB Promotes Access to Potable Water in the Metropolitan Area of Panama and Colon
The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a Conditional Credit Line for Investment Projects (CCLIP) of $900 million aimed at improving the quality of life for the population of Panama, facilitating financing for water and sanitation projects.
As part of this credit line, the Board approved the first investment guarantee program for $250 million, a first operation designed
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WASHINGTON, Dec. 11 -- The Inter-American Development Bank issued the following news release:
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IDB Promotes Access to Potable Water in the Metropolitan Area of Panama and Colon
The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a Conditional Credit Line for Investment Projects (CCLIP) of $900 million aimed at improving the quality of life for the population of Panama, facilitating financing for water and sanitation projects.
As part of this credit line, the Board approved the first investment guarantee program for $250 million, a first operation designedto facilitate financing for projects that provide access to potable water services in the Metropolitan Area of Panama City (AMP) and Colon.
The implementation of this guarantee will enable the development of an innovative and pioneering solution in Panama, transforming the way project financing is structured and serving other sectors by facilitating private sector participation under more favorable conditions.
The program will directly benefit 80,500 people through improved access to potable water and 42,000 people with new access. Indirectly, it will benefit 360,000 residents by supplying water to meet demand.
The guarantee program, aimed at enabling private financing, will allow for the completion, commissioning, and maintenance of the Ing. Jose G. Rodriguez de Arraijan Water Treatment Plant and the Sabanitas Water Treatment Plant, guaranteeing the financial obligations of IDAAN related to these contracts.
The first guarantee operation of $250 million has a maximum amortization period of 20 years.
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About the IDB
The Inter-American Development Bank (IDB), a member of the IDB Group, is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the Bank works with the region's public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, it promotes grow and well-being in 26 countries. Visit our website: www.iadb.org/en
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Original text here: https://www.iadb.org/en/news/idb-promotes-access-potable-water-metropolitan-area-panama-and-colon
IDB Lab Invests in Amador Seed Fund II to Boost Emerging Venture Capital Ecosystems in Latin America and the Caribbean
WASHINGTON, Dec. 11 -- The Inter-American Development Bank issued the following news release:
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IDB Lab Invests in Amador Seed Fund II to Boost Emerging Venture Capital Ecosystems in Latin America and the Caribbean
IDB Lab, the innovation and venture capital arm of the Inter-American Development Bank Group (IDB Group), has approved an investment of up to $3 million in Amador Seed Fund II, LP (ASF II) to drive the growth of innovative, technology-based ventures in Latin America and the Caribbean, with an emphasis on Central America. This operation reaffirms IDB Lab's commitment to strengthening
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WASHINGTON, Dec. 11 -- The Inter-American Development Bank issued the following news release:
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IDB Lab Invests in Amador Seed Fund II to Boost Emerging Venture Capital Ecosystems in Latin America and the Caribbean
IDB Lab, the innovation and venture capital arm of the Inter-American Development Bank Group (IDB Group), has approved an investment of up to $3 million in Amador Seed Fund II, LP (ASF II) to drive the growth of innovative, technology-based ventures in Latin America and the Caribbean, with an emphasis on Central America. This operation reaffirms IDB Lab's commitment to strengtheningthe region's venture capital ecosystems by supporting fund managers whose thesis includes channeling investments into early-stage companies in emerging markets with the potential for regional scale.
Amador Seed Fund II plans to invest in approximately 25 startups focused on software-based solutions, with a particular emphasis on financial services, health, education, and enterprise software. Additionally, the fund will evaluate opportunities in logistics, mobility, and technologies applied to the real estate sector. Selected companies will have access to seed capital and potential follow-on rounds, accompanied by strategic advice, business strengthening support, access to commercial networks, capacity building, and guidance for future rounds of funding and expansion into new markets.
The fund will prioritize startups operating in Mexico, Chile, Colombia, and Central American countries as its main markets. The manager, based in Panama and Mexico, brings the cumulative experience of its prior funds Amador Seed Fund I and Amador Growth Fund I, through which it has invested in over 30 startups across 11 Latin American and Caribbean countries.
IDB Lab's investment aligns with the IDB Group's IDBImpact+ strategy, which promotes sustainable, inclusive, and knowledge-based economic growth. It will help expand access to startup capital, invigorate the regional innovation ecosystem, and cement local fund managers' presence in emerging markets.
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About IDB Lab
IDB Lab is the innovation and venture capital arm of the Inter-American Development Bank Group. We discover new ways to drive social inclusion, environmental action and productivity in Latin America and the Caribbean. IDB Lab leverages financing, knowledge and connections to support early-stage entrepreneurship, foster new technologies, activate innovative markets and catalyze existing sectors. www.idblab.org.
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About Amador
Amador is a venture capital firm investing in early-stage technology companies across Latin America, with a focus on fintech, software, consumer, and digital health--sectors that expand access, improve productivity, and strengthen regional resilience. The firm targets the "missing middle" of the startup ecosystem: companies with validated products and early revenue that need capital and support to scale. Amador partners closely with entrepreneurs, providing strategic guidance, cross-border expertise, and access to regional networks. With active investments in Colombia, Mexico, Chile, Central America, and the Caribbean, Amador supports high-impact businesses that promote financial inclusion, enhance operational efficiency for enterprises, and contribute to economic growth and job creation across the region. The firm is led by a team with backgrounds in investment banking, corporate venture capital, strategy consulting, and investing experience.
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Original text here: https://www.iadb.org/en/news/idb-lab-invests-amador-seed-fund-ii-boost-emerging-venture-capital-ecosystems-latin-america-and
Argentina to Advance Sustainable Urban Development With IDB Support
WASHINGTON, Dec. 11 -- The Inter-American Development Bank issued the following news release:
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Argentina to Advance Sustainable Urban Development with IDB Support
The Board of Executive Directors of the Inter-American Development Bank (IDB) has approved a Conditional Credit Line for Investment Projects for up to $700 million to help Argentina improve the living environment and sustainable development of its cities.
The program will expand access to basic services and promote territorial cohesion in the provinces for more productive, orderly urban development centered on improving living
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WASHINGTON, Dec. 11 -- The Inter-American Development Bank issued the following news release:
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Argentina to Advance Sustainable Urban Development with IDB Support
The Board of Executive Directors of the Inter-American Development Bank (IDB) has approved a Conditional Credit Line for Investment Projects for up to $700 million to help Argentina improve the living environment and sustainable development of its cities.
The program will expand access to basic services and promote territorial cohesion in the provinces for more productive, orderly urban development centered on improving livingconditions for the population. The credit line will directly benefit over 100,000 households throughout the country, and indirectly benefit over two million people.
The Board has approved an initial $150 million individual loan under this credit line to support urban development in the Province of Neuquen. Neuquen was chosen for the first operation because of its challenges from rapid population growth, which has deepened gaps in access to basic services for its residents and drives informal urban development.
The first loan will finance works to expand basic services such as water, sewerage, and electricity, as well as urban infrastructure such as roads, public spaces, and community facilities. The program will also bring formal planning to low-income informal neighborhoods and land ownership. Additionally, it will bolster local institutions and governments by training specialized personnel in urban planning, among other measures.
The operation in the Province of Neuquen will contribute directly to the well-being of 23,000 households, while benefiting over 98,000 households indirectly, in both informal, working-class neighborhoods and more established neighborhoods with infrastructure gaps.
This project is part of the Bank's support outlined in the new 2025-2028 Country Strategy for Argentina, whose third pillar seeks to support vulnerable populations in reducing poverty, with an emphasis on improving urban conditions and access to essential services.
The IDB loan has a 25-year repayment term, a 5.5-year grace period, and an interest rate based on the Secured Overnight Financing Rate (SOFR).
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About the IDB
The Inter-American Development Bank (IDB), a member of the IDB Group, is devoted to improving lives across Latin America and the Caribbean. Founded in 1959, the Bank works with the region's public sector to design and enable impactful, innovative solutions for sustainable and inclusive development. Leveraging financing, technical expertise, and knowledge, it promotes growth and well-being in 26 countries. Visit our website: https://www.iadb.org/en.
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Original text here: https://www.iadb.org/en/news/argentina-advance-sustainable-urban-development-idb-support
Red River Bank and Federal Home Loan Bank of Dallas Celebrate $12M in Grants for Affordable Housing, Disaster Recovery and Economic Development
DALLAS, Texas, Dec. 10 -- The Federal Home Loan Bank of Dallas, a district bank in the Federal Home Loan Bank System, issued the following news release:
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Red River Bank and Federal Home Loan Bank of Dallas Celebrate $12M in Grants for Affordable Housing, Disaster Recovery and Economic Development
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METAIRIE, LOUISIANA, December 10, 2025The Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank are celebrating a milestone: $12 million in FHLB Dallas grants delivered over 25 years to support affordable housing, disaster recovery and economic development in communities across Louisiana.
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DALLAS, Texas, Dec. 10 -- The Federal Home Loan Bank of Dallas, a district bank in the Federal Home Loan Bank System, issued the following news release:
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Red River Bank and Federal Home Loan Bank of Dallas Celebrate $12M in Grants for Affordable Housing, Disaster Recovery and Economic Development
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METAIRIE, LOUISIANA, December 10, 2025The Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank are celebrating a milestone: $12 million in FHLB Dallas grants delivered over 25 years to support affordable housing, disaster recovery and economic development in communities across Louisiana.
"These grants have allowed us to support affordable housing, help families and businesses rebuild after disasters and invest in long-term economic growth across Louisiana," said Jannease Seastrunk, senior vice president, community relations & CRA officer of Red River Bank. "Our long-term partnership with FHLB Dallas has been instrumental in turning that commitment into action."
FHLB Dallas and Red River Bank held a series of ceremonial check celebrations December 8-9 at several locations across Louisiana to celebrate the long-standing relationship.
Grant Highlights :
* $6 million through the Affordable Housing Program to expand access to housing
* Nearly $800,000 in disaster recovery grants to help families, businesses and communities rebuild after natural disasters
* Nearly $1.1 million in FHLB Dallas FORTIFIED Fund grants to strengthen homes against future severe weather events
* $2.6 million in down payment assistance through the Homebuyer Equity Leverage Partnership, helping families achieve homeownership
* More than $260,000 through the Partnership Grant Program to support nonprofit capacity and community services
* $380,800 in Special Needs Assistance Program grants to provide critical home repairs for special-needs households
* More than $320,000 from the Pathway Fund to help resolve title and homeownership issues
"This long-standing partnership with Red River Bank exemplifies the power of collaboration in building strong, resilient communities," said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. "Together, we've helped thousands of families access safe, affordable housing and recover from natural disasters while also providing grants to nonprofits and businesses to help communities thrive."
About Red River Bank
Red River Bank is a Louisiana state-chartered bank established in Alexandria, Louisiana, in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of its commercial and retail customers. Red River Bank operates from a network of 28 banking centers throughout Louisiana and two combined loan and deposit production offices, one each in New Orleans, Louisiana and Lafayette, Louisiana. Banking centers are located in the following Louisiana markets: Central, which includes the Alexandria metropolitan statistical area ("MSA"); Northwest, which includes the Shreveport-Bossier City MSA; Capital, which includes the Baton Rouge MSA; Southwest, which includes the Lake Charles MSA; the Northshore, which includes Covington; Acadiana, which includes the Lafayette MSA; and New Orleans. Red River Bank is a subsidiary of Red River Bancshares, Inc., which trades under the trading symbol RRBI on the Nasdaq Global Select Market. Learn more at www.redriverbank.net.
About the Federal Home Loan Bank of Dallas
The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $112.2 billion as of September 30, 2025, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit fhlb.com.
Contact Information:
Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com
214.441.8445
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Original text here: https://www.fhlb.com/library/press-releases/2025/red-river-bank-and-federal-home-loan-bank-of-dalla
REJECTED: USPS is ready for the busiest week of 2025
WASHINGTON, Dec. 10 -- The U.S. Postal Service issued the following news release:
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USPS is ready for the busiest week of 2025
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WASHINGTON Next week is the last week to get holiday gifts and greetings in the mail by the recommended deadlines. Customer traffic at all Post Office locations has been steadily increasing since Dec. 1, and this week is expected to be the busiest of the year.
USPS holiday service schedule
Post Office locations nationwide will be closed Christmas Day (Thursday, Dec. 25, 2025) and New Year's Day (Thursday, Jan. 1, 2026).
All Post Office locations will be
... Show Full Article
WASHINGTON, Dec. 10 -- The U.S. Postal Service issued the following news release:
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USPS is ready for the busiest week of 2025
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WASHINGTON Next week is the last week to get holiday gifts and greetings in the mail by the recommended deadlines. Customer traffic at all Post Office locations has been steadily increasing since Dec. 1, and this week is expected to be the busiest of the year.
USPS holiday service schedule
Post Office locations nationwide will be closed Christmas Day (Thursday, Dec. 25, 2025) and New Year's Day (Thursday, Jan. 1, 2026).
All Post Office locations will beopen, and regular mail delivery will resume, on Friday, Dec. 26, 2025, and Friday, Jan. 2, 2026.
Services and hours of operation may vary by location. Always check with your local Post Office for specific hours. For more details, visit usps.com/holidayhours.
2025 Holiday Shipping Deadlines
For expected delivery before Dec. 25 1, the Postal Service recommends the following send-by dates:
2025 Holiday Shipping Dates for Contiguous U.S. (Lower 48 States)
* Dec. 17 USPS Ground Advantage service
* Dec. 17 First-Class Mail
* Dec. 18 Priority Mail
* Dec. 20 Priority Mail Express 2
2025 Holiday Shipping Dates for Alaska, Hawaii, Puerto Rico and U.S. Territories
* Dec. 16 USPS Ground Advantage service 3
* Dec. 17 First-Class Mail
* Dec. 18 Priority Mail
* Dec. 20 Priority Mail Express 4
1. Actual delivery date may vary and is based on origin, destination, Post Office(tm) acceptance time, and other conditions.
2. For Priority Mail Express(r) 1-Day shipments mailed December 22nd through December 25th, postage for the money-back, guaranteed service is not refunded if the shipment was delivered, or delivery was attempted, within two (2) business days of the date of mailing.
3. Ground Advantage packages weighing over 1 lb. that are shipped to or from offshore ZIP codes (AK, HI, PR, and U.S. Territories) may experience longer transit times and extended Estimated Delivery Dates (EDD). Please review the EDD for these ZIP codes and adjust the induction date as needed.
4. Excluding Puerto Rico, USPS does not process refund requests for guaranteed service on these items. Refund requests for loss will still be processed.
For a complete list of suggested dates for customers sending packages to military or international addresses, the Postal Service recommends visiting the USPS holiday shipping page.
Modernization Investments
The Postal Service has been preparing for the holiday peak season the time between Thanksgiving and New Year's Day since January. Continued nationwide investment in modernization efforts has resulted in more capacity in its processing, logistics and delivery infrastructure. The organization is staying ahead of challenges and pulling together its people, technology, transportation, equipment and facilities into a well-integrated, streamlined mail and package network to meet customers' evolving postal needs, during the holidays and beyond.
Network improvements enabled the Postal Service to outperform its competitors last holiday season. USPS delivered 45 percent more packages and more than 350 million mailpieces per operating day in December 2024 than its competitors.
Key preparations for the 2025 holiday season include:
* Installing more than 600 package sorters since 2020, including 94 this year. The machines have increased daily processing capacity to 88 million from 60 million.
* Updating service standards. New standards enable the Postal Service to expand its reach for turnaround service that is, processing and delivering mail and packages within the same region. These enhancements now have a 2-day or 3-day service standard, which means local consumers and businesses can send holiday greetings in the region more quickly and reliably.
* To date USPS has received more than 36,000 new delivery vehicles. The organization expects to acquire a total of 106,480 new vehicles, including 66,000 zero-emission electric vehicles, demonstrating its commitment to sustainability and environmental responsibility while ensuring reliable service.
* Opening nearly 200 processing facilities nationwide in the past four years, including in Dallas; Phoenix; Johnson City, TN; and other cities this year alone. The new facilities will ensure the Postal Service has the space needed to not only process additional holiday volume but to better serve customers year-round.
* Developing a more stable workforce. Nearly 232,000 precareer employees have been converted to full time since 2020. A national drive began in October to hire an additional 14,000 seasonal employees down from 40,000 just a few years ago. The seasonal workforce complements the full-time employees and better positions the Postal Service to handle the extra holiday volume in key locations throughout the nation.
* Providing a variety of convenient and affordable products and services for shipping gifts. Customers can rely on USPS Ground Advantage (expected delivery in 2-5 business days), Priority Mail (2-3 business days) and Priority Mail Express (1-3 business days) during the holidays. $100 insurance and tracking is included on most shipments.
For information on preparing packages, ordering stamps or free shipping supplies for the holidays, and featured products and services, visit usps.com.
The Postal Service also offers shipping tips in 10 video " how to " guides. Each video is less than three minutes long and touches on topics such as how to address packages, how to ship them and how to pack a box so items arrive safely.
Additional Information
As in previous years, the Postal Service will prioritize morning parcel delivery, enhanced scanning technology and extended retail and pick-up delivery hours at popular Post Office locations. Sunday delivery has been expanded in select locations that experience high package volumes the Postal Service already delivers packages on Sundays in most major cities, and it continues to offer the lowest postage rates in the industrialized world.
Mail carriers will also deliver Priority Mail Express packages for an additional fee on Christmas Day in select locations.
The United States Postal Service is an independent federal establishment, mandated to be self-financing and to serve every American community through the affordable, reliable and secure delivery of mail and packages to more than 170 million addresses six and often seven days a week. Overseen by a bipartisan Board of Governors, the Postal Service is celebrating its 250th year of service to customers amidst a network modernization plan aimed at restoring long-term financial sustainability, improving service, and maintaining the organization as one of America's most valued and trusted brands.
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
For USPS media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Follow us on X, formerly known as Twitter ; Instagram ; Pinterest ; Threads ; and LinkedIn. Subscribe to the USPS YouTube Channel and like us on Facebook. For more information about the Postal Service, visit usps.com and facts.usps.com.
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Original text here: https://about.usps.com/newsroom/national-releases/2025/1210-usps-is-ready-for-the-busiest-week-of-2025.htm
NASA Sensor Goes Hunting for Critical Minerals
PASADENA, California, Dec. 10 (TNSres) -- NASA Jet Propulsion Laboratory issued the following news:
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NASA Sensor Goes Hunting for Critical Minerals
Called AVIRIS-5, it's the latest in a long line of sensors pioneered by NASA JPL to survey Earth, the Moon, and other worlds.
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Cradled in the nose of a high-altitude research airplane, a new NASA sensor has taken to the skies to help geoscientists map rocks hosting lithium and other critical minerals on Earth's surface some 60,000 feet below. In collaboration with the U.S. Geological Survey (USGS), the flights are part of the largest airborne
... Show Full Article
PASADENA, California, Dec. 10 (TNSres) -- NASA Jet Propulsion Laboratory issued the following news:
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NASA Sensor Goes Hunting for Critical Minerals
Called AVIRIS-5, it's the latest in a long line of sensors pioneered by NASA JPL to survey Earth, the Moon, and other worlds.
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Cradled in the nose of a high-altitude research airplane, a new NASA sensor has taken to the skies to help geoscientists map rocks hosting lithium and other critical minerals on Earth's surface some 60,000 feet below. In collaboration with the U.S. Geological Survey (USGS), the flights are part of the largest airbornecampaign of its kind in the country's history.
But that's just one of many tasks that are on the horizon for AVIRIS-5, short for Airborne Visible/Infrared Imaging Spectrometer-5, which has a lot in common with sensors used to explore other planets.
About the size of a microwave oven, AVIRIS-5 detects the spectral "fingerprints" of minerals and other compounds in reflected sunlight. Like its cousins flying in space, the sensor takes advantage of the fact that all kinds of molecules, from rare earth elements to flower pigments, have unique chemical structures that absorb and reflect different wavelengths of light.
The technology was pioneered at NASA's Jet Propulsion Laboratory in Southern California in the late 1970s. Over the decades, imaging spectrometers have visited every major rocky body in the solar system from Mercury to Pluto. They've traced Martian crust in full spectral detail, revealed lakes on Titan, and tracked mineral-rich dust across the Sahara and other deserts. One is en route to Europa, an ocean moon of Jupiter, to search for the chemical ingredients needed to support life.
Another imaging spectrometer, NASA's Moon Mineralogy Mapper, was the first to discover water on the lunar surface in 2009. "That dataset continues to drive our investigations as we look for in situ resources on the Moon" as part of NASA's Artemis campaign, said Robert Green, a senior research scientist at NASA JPL who's contributed to multiple spectroscopy missions across the solar system.
Prisms, black silicon
While imaging spectrometers vary depending on their mission, they have certain hardware in common -- including mirrors, detector arrays, and electron-beam gratings -- designed to capture light shimmering off a surface and then separate it into its constituent colors, like a prism.
Many of the best-in-class imaging spectrometers flying today were made possible by components invented at NASA JPL's Microdevices Laboratory. Instrument-makers there combine breakthroughs in physics, chemistry, and material science with the classical properties of light discovered by physicist Isaac Newton in the 17th century. Newton's prism experiments revealed that visible light is composed of a rainbow of colors.
Today, NASA JPL engineers work with advanced materials such as black silicon -- one of the darkest substances ever manufactured -- to push performance. Under a powerful microscope, black silicon looks like a forest of spiky needles. Etched by lasers or chemicals, the nanoscale structures prevent stray light from interfering with the sample by trapping it in their spikes.
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Original text here: https://www.jpl.nasa.gov/news/new-nasa-sensor-goes-hunting-for-critical-minerals/
GSA Announces Public Sale by Auction of Oil & Gas Mineral Rights in Big Spring, Texas
WASHINGTON, Dec. 10 -- The General Services Administration issued the following news release:
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GSA Announces Public Sale by Auction of Oil & Gas Mineral Rights in Big Spring, Texas
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FORT WORTH, Texas - Today, the U.S. General Services Administration (GSA) announced the public auction of the oil & gas mineral rights of approximately 133 total net mineral acres in Big Spring, Texas. This strategic disposition of surplus federal property underscores GSA's commitment to optimizing the federal footprint and ensuring the efficient stewardship of taxpayer dollars.
"GSA is proactively divesting
... Show Full Article
WASHINGTON, Dec. 10 -- The General Services Administration issued the following news release:
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GSA Announces Public Sale by Auction of Oil & Gas Mineral Rights in Big Spring, Texas
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FORT WORTH, Texas - Today, the U.S. General Services Administration (GSA) announced the public auction of the oil & gas mineral rights of approximately 133 total net mineral acres in Big Spring, Texas. This strategic disposition of surplus federal property underscores GSA's commitment to optimizing the federal footprint and ensuring the efficient stewardship of taxpayer dollars.
"GSA is proactively divestingunderutilized assets, and this public auction sale of mineral rights in Big Spring, is a prime example of our dedication to delivering the best value for American taxpayers," said GSA Acting Administrator Michael Rigas. "By strategically leveraging the value of the government's portfolio, we are ensuring responsible use of federal resources and contributing to economic growth."
This auction pertains exclusively to subsurface mineral rights. The land surface, which is held by a combination of public and private owners, is excluded from this sale.
Mineral right details :
* Located within the Big Spring city limits in Howard County, Texas.
* Sections:
* Section 2, Block 33, T1S: 50.4087 acres with a 50% mineral interest.
* Section 11, Block 33, T1S: 108.40 acres with a 100% mineral interest.
* Depth: Between 4,800 and 10,605 feet below the surface.
* Total Area: Approximately 133.6044 total net mineral acres.
* The auctioned mineral rights grant the owner the authority, under Texas state and local laws and regulations, to explore and produce oil and gas from specified underground formations.
Auction details :
* The online auction started on September 15 and will conclude only after a specified period of inactivity from bidders on or after December 26.
* Interested parties are required to register in advance and submit a $50,000 registration deposit to be considered a bidder.
* Those interested in bidding are strongly urged to read the Invitation for Bids and Other Documents.
The marketing and sales effort is being handled by GSA's Real Property Disposition Division. For additional information including questions regarding payment, contact the following sales office:
Office of Real Property Disposition
Phone: 817-850-5565
realestate.sales@gsa.gov
Visit RealEstateSales.gov to register to bid.
About GSA : GSA provides centralized procurement and shared services for the federal government. GSA manages a nationwide real estate portfolio of over 360 million rentable square feet, oversees more than $110 billion in products and services via federal contracts, and delivers technology services that serve millions of people across dozens of federal agencies. GSA's mission is to deliver the best customer experience and value in real estate, acquisition, and technology services to the government and the American people. For more information, visit GSA.gov and follow us at @USGSA.
Contact
press@gsa.gov
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Original text here: https://www.gsa.gov/about-us/newsroom/news-releases/gsa-announces-public-sale-by-auction-of-oil-gas-mineral-rights-in-texas-12102025