NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $389M Department of Homeland Security Grant
Summary
This $389M FEMA grant to New Mexico for pandemic emergency measures reinforces federal commitment to public health infrastructure but does not directly benefit any publicly traded company.
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Key Takeaways
- 1.FEMA continues to fund pandemic response at state level
- 2.No direct public company beneficiary
- 3.Indirect support for healthcare sector
Market Implications
This contract does not directly impact any publicly traded company's revenue. The broader trend of federal pandemic spending may support healthcare services companies, but no specific tickers are implicated.
Full Analysis
The contract is a reimbursement grant to the New Mexico Department of Homeland Security and Emergency Management for emergency protective measures during the pandemic. It covers costs for medical care, vaccination, and community engagement. As a state government entity, no public company is the direct recipient. The contract signals ongoing federal spending on pandemic preparedness, which may indirectly benefit healthcare providers and emergency management firms, but specific tickers cannot be attributed. Related legislation in the HillSignal database includes several healthcare and infrastructure bills, but none are directly tied to this grant.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $34.5M Department of Homeland Security Grant
GEORGIA EMERGENCY MANAGEMENT AND HOMELAND SECURITY AGENCY: $58.8M Department of Homeland Security Grant
PUBLIC SAFETY, MISSOURI DEPARTMENT OF: $15.9M Department of Homeland Security Grant
NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $31.7M Department of Homeland Security Grant
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Enhancing Program Integrity and Integrity and Interagency Coordination in the Administration of the H-1B Nonimmigrant Visa Program
This executive order directs the Secretaries of State, Labor, and Homeland Security to coordinate with Commerce, Education, and the SBA when processing H-1B petitions, and requires them to consider whether the employer has engaged in layoffs of similarly situated U.S. workers within the past year. It also orders the Labor Department to review past labor condition applications for potential enforcement actions against sponsoring employers, effectively tightening scrutiny on H-1B usage, especially by outsourcing firms.
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.
Contract Details
Recipient
NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT
Award Amount
$389,375,125
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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