NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $59.4M Department of Homeland Security Grant
Summary
This $59.4M FEMA project grant to the New Mexico Department of Homeland Security and Emergency Management is a routine disaster recovery assistance agreement, not a contract to a publicly traded company. No publicly traded entity is directly awarded or subcontracted; the funds flow to state and local governments for rebuilding. The impact on retail portfolios is negligible.
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Key Takeaways
- 1.No publicly traded company is a direct recipient or clear subcontractor.
- 2.Grant supports state-led disaster recovery, typical of FEMA's Public Assistance program.
- 3.No direct stock market impact—ignore for retail portfolio decisions.
Market Implications
No market implications. The award is a government-to-government grant with no public company involvement. Retail investors should not adjust positions based on this contract.
Full Analysis
The contract is a $59.4M project grant from FEMA to the New Mexico state agency for disaster recovery, covering debris removal, emergency protective measures, and public facility restoration. Since the recipient is a government entity, no public company receives this award directly. The work will be performed by state and local contractors, none of which are required to be publicly traded. No related legislation connects specifically to this grant—bills in the database are about education, healthcare, and finance, with no ties to disaster relief. Without a public company beneficiary, the contract has no stock market catalyst. Routine FEMA grants like this provide steady funding for infrastructure repair but do not create investable signals for retail investors.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
OFFICE OF EMERGENCY SERVICES: $36.8M Department of Homeland Security Grant
NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $37.0M Department of Homeland Security Grant
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $40.8M Department of Homeland Security Grant
ARKANSAS DIVISION OF EMERGENCY MANAGEMENT: $40.5M Department of Homeland Security Grant
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Contract Details
Recipient
NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT
Award Amount
$59,418,971
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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