LAW & PUBLIC SAFETY, NEW JERSEY DEPARTMENT OF: $106M Department of Homeland Security Grant
Summary
The $106M FEMA grant to the New Jersey Department of Law & Public Safety funds repair or replacement of disaster-damaged facilities. As a state government recipient, no publicly traded company is directly awarded, but the spending signals ongoing infrastructure recovery demand.
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Key Takeaways
- 1.No publicly traded company is directly awarded this contract.
- 2.The grant supports state-level infrastructure recovery, with no specific ticker exposure.
- 3.Investors should not infer direct revenue impact for any public company from this award.
Market Implications
The $106M grant is a routine disaster recovery allocation with no direct public company involvement. Market implications are negligible for listed equities. Investors should focus on contracts where the recipient is a public company or its subsidiary for actionable signals.
Full Analysis
This contract is a project grant from the Department of Homeland Security's Federal Emergency Management Agency to the New Jersey Department of Law & Public Safety. The $106M award covers repair or replacement of facilities damaged by disasters. Since the recipient is a state government entity, there is no direct publicly traded beneficiary. The grant supports general infrastructure restoration, which may indirectly benefit local construction and engineering firms, but no specific public companies can be reliably attributed. No related legislation or presidential actions directly connect to this disaster relief grant. The contract is a routine allocation of federal disaster funds, not a market-moving event for public equities.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $87.6M Department of Homeland Security Grant
LAW & PUBLIC SAFETY, NEW JERSEY DEPARTMENT OF: $107M Department of Homeland Security Grant
TEXAS DIVISION OF EMERGENCY MANAGEMENT: $226M Department of Homeland Security Grant
IOWA HOMELAND SECURITY AND EMERGENCY MANAGEMENT DEPARTMENT: $39.3M Department of Homeland Security Grant
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Restoring Reciprocity in Government Procurement
This Presidential Memorandum directs the Office of Management and Budget, the U.S. Trade Representative, and other federal agencies to identify and remove Canadian-origin items from federal civil procurement where possible, citing Canada's 'Buy Canadian' policies as discriminatory. It also requires agencies to be notified of domestic alternatives and mandates ongoing monitoring of Canada's procurement practices, with provisions for restoring access if Canada changes its policies.
Providing Meaningful Water Quality Improvements Through Collaboration and Oversight of Federal Support
This executive order revokes Executive Order 13508, which had mandated Chesapeake Bay restoration efforts, and directs federal agencies to prioritize funding for direct, on-the-ground water quality projects. It also instructs the EPA to work with states to assess and encourage the repeal of stormwater management fees (rain taxes) that have burdened residents, aiming to reduce costs while maintaining environmental progress.
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.
Contract Details
Recipient
LAW & PUBLIC SAFETY, NEW JERSEY DEPARTMENT OF
Award Amount
$105,987,232
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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