RECORD STEEL AND CONSTRUCTION, INC.: $46.2M Department of the Interior Contract
Summary
The National Park Service awarded a $46.2M contract to private firm Record Steel and Construction, Inc. to rehabilitate the Old Faithful water treatment system in Yellowstone National Park. Because the recipient is private and no publicly-traded parent or subsidiary was identified, the analysis cannot attribute this award to any specific public company.
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Key Takeaways
- 1.The $46.2M contract is awarded to a private company, making it untraceable to public markets.
- 2.No public ticker benefits from this award, so retail investors have no direct exposure.
- 3.Related legislation is mostly neutral and low-impact, providing no tailwind to specific sectors.
Market Implications
There are no market implications from this contract. Since the recipient is private and no public companies are involved in the supply chain or as competitors, this award does not create any trading opportunities. Investors should not allocate capital based on this news.
⚡ Government Convergence
This signal is one of the converging government actions below.
Over the last 90 days, 168 separate government actions have converged on Water / PFAS. What that means: federal dollars are already moving — agencies are soliciting bids and awarding contracts, not just talking, and legislation and executive action are building the policy and funding tailwind behind it. When independent channels move together like this — 119 procurement notices, 34 federal contracts, 13 bills, 1 executive actions and 1 patents — it's the clearest early tell that Washington is committing to water / pfas, the kind of build-up that reshapes the sector well before it's obvious in the headlines.
Converging government actions
- BillWater Systems PFAS Liability Protection Act · 2025-02-12
- ContractKIEWIT INFRASTRUCTURE WEST CO.: $218M Department of the Interior Contract · 2025-05-16
- BillCritical Infrastructure Security Act · 2025-09-09
- ContractKIEWIT INFRASTRUCTURE SOUTH CO: $242M Department of Agriculture Contract · 2025-11-06
- BillWater Project Navigators Act · 2026-02-05
- ContractOLD NORTH UTILITY SERVICES, INC.: WATER DISTRIBUTION AND WASTEWATER COLLECTION SERVICES · 2026-03-23
- Procurement noticePMSC of New Water Treatment Plant at US Embassy Nepal · 2026-05-05
- Procurement noticeWater Treatment Trailer requirement · 2026-05-05
- Procurement noticeOily Wastewater Treatment and Recycling Services - Commander, Fleet Activities Yokosuka · 2026-05-05
- Procurement noticeDesign and Construction of a Modernized Industrial Wastewater Treatment Facility (Bioplant) at Radford Army Ammunition Plant (RFAAP) · 2026-06-17
- Executive actionExecutive Order: Honoring the American History of the Great Lakes and Renaming Lake Ontario as Lake America · 2026-08-27
- ContractRECORD STEEL AND CONSTRUCTION, INC.: $46.2M Department of the Interior Contract · 2026-09-14
- Procurement noticeFlagstaff Ranger Station Wastewater System Improvements - Coconino NF · 2026-09-15
- Procurement noticeVIARNG Safe Drinking Water Act Service · 2026-09-15
Full Analysis
The Department of the Interior, through the National Park Service, awarded a $46.2M definitive contract to Record Steel and Construction, Inc. for the rehabilitation and improvement of the Old Faithful water treatment system in Yellowstone National Park. This project falls under the Great American Outdoors Act (GAOA), which aims to address deferred maintenance in national parks. The contract has a performance period from May 2025 to October 2028, indicating sustained work over several years.
Record Steel and Construction, Inc. is a private entity with no publicly-traded parent company or recognized subsidiaries. Therefore, there are no direct public market beneficiaries from this specific award. The absence of an EDGAR entity match means this contract cannot be mapped to any public ticker, and attempting to guess competitors or supply chain partners would risk false positives.
The contract is connected to landscape-level legislation such as the GAOA, but the specific related bills from the HillSignal database are mostly neutral and low-impact. HR10302, which addresses transmission facility coordination on federal lands, could indirectly support infrastructure projects like this but lacks a direct link. Other bills like the JARED Act or Government Travel Transparency Act are unrelated in substance.
Without a public company recipient, the market impact of this contract is negligible for listed equities. It does not change competitive dynamics or create actionable investment theses. The award primarily benefits the local contractor and supports Yellowstone's water infrastructure, with no ripple effects into public markets.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
RECORD STEEL AND CONSTRUCTION, INC.: $46.2M Department of the Interior Contract
RECORD STEEL AND CONSTRUCTION, INC.: $45.7M Department of the Interior Contract
RECORD STEEL AND CONSTRUCTION, INC.: $129M Department of the Interior Contract
RECORD STEEL AND CONSTRUCTION, INC.: $129M Department of the Interior Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Adjusting Certain Delegations Under the Defense Production Act
This proclamation amends Executive Order 13603 to share authority under the Defense Production Act for energy matters between the Secretary of the Interior and the Secretary of Energy, allowing each to act independently, and directs inter-agency dispute resolution via the National Energy Dominance Council and National Security Council, with coordination from the Department of War when national defense is implicated.
Declaring a National Emergency to Secure the United States Bulk-Power System
This executive order declares a national emergency to restrict foreign-produced bulk-power system electric equipment that poses national security risks, prohibiting new transactions involving equipment from covered foreign entities and allowing the Secretary of Energy to impose conditions on existing equipment. It directs the Secretary of Energy, in coordination with multiple agencies, to identify, mitigate, and potentially replace risky equipment, and establishes a pre-qualification list for approved vendors.
The National Space Transportation Policy
This memorandum directs multiple agencies to expand and modernize U.S. space launch and reentry infrastructure to support over 1,000 launches annually by 2030, expedite permitting and environmental reviews, develop new federal reentry sites, and strengthen the space transportation industrial base. It mandates range scheduling transparency, spectrum reliability, and workforce development, with specific reports and plans due within 90 to 240 days.
Contract Details
Recipient
RECORD STEEL AND CONSTRUCTION, INC.
Award Amount
$46,162,065
Awarding Agency
Department of the Interior
Sub-Agency
National Park Service
Contract Type
DEFINITIVE CONTRACT
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