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The Tennessee Department of Health received a $120M formula grant from the USDA for WIC food expenses. This is a routine state-level nutrition assistance award with no direct public company beneficiaries.
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This contract has no direct market implications for publicly traded companies. The WIC program is a stable, recurring federal expenditure that supports state health departments and local food retailers, but no specific tickers are tied to this award. Investors should look elsewhere for actionable signals.
The contract is a $120M formula grant from the Department of Agriculture's Food and Nutrition Service to the Tennessee Department of Health for WIC (Women, Infants, and Children) food expenses. As a state government entity, the recipient is not publicly traded, and no public company is directly awarded. The grant supports nutritional assistance for low-income women and children, a core federal program. While no specific tickers are impacted, the broader sector of food and nutrition services benefits from sustained federal funding. Related legislation in the database does not directly address WIC, and no presidential actions are connected. This is a routine allocation with minimal market implications.
Matched on shared policy language across AI analyses, with ticker & timing weight
HEALTH, NEW JERSEY DEPARTMENT OF: $171M Department of Agriculture Grant
MARYLAND DEPARTMENT OF HEALTH: $98.3M Department of Agriculture Grant
NYS DEPARTMENT OF HEALTH: $445M Department of Agriculture Grant
PUBLIC HEALTH, MASSACHUSETTS DEPARTMENT OF: $91.6M Department of Agriculture Grant
Executive orders & memoranda affecting the same sectors or companies
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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.
Recipient
TENNESSEE DEPARTMENT OF HEALTH
Award Amount
$120,001,523
Awarding Agency
Department of Agriculture
Sub-Agency
Food and Nutrition Service
Contract Type
FORMULA GRANT (A)
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