TENNESSEE EMERGENCY MANAGEMENT AUTHORITY: $74.3M Department of Homeland Security Grant
Summary
This $74.3M FEMA grant to the Tennessee Emergency Management Authority is a routine disaster recovery award for state-level public assistance. As the recipient is a government entity, no publicly traded company directly benefits, and the contract has minimal market impact.
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Key Takeaways
- 1.The $74.3M FEMA grant to Tennessee is a routine disaster recovery allocation with no direct public company beneficiary.
- 2.No publicly traded tickers are linked to this contract; market impact is negligible.
- 3.Investors should not expect any stock movement from this award.
Market Implications
This contract has no direct market implications as it is a government-to-government grant. No publicly traded companies are named as recipients or subcontractors in the available data. The award is too small and routine to affect sector-wide trends or investor sentiment.
Full Analysis
The contract is a Project Grant from the Department of Homeland Security's Federal Emergency Management Agency (FEMA) to the Tennessee Emergency Management Authority. It provides $74.3M for debris removal, emergency protective measures, and restoration of disaster-damaged public facilities. This is a standard allocation under FEMA's Public Assistance program, which reimburses state and local governments for disaster response costs. Since the recipient is a state government agency, there is no direct publicly traded beneficiary. While companies in the disaster recovery supply chain (e.g., construction firms, debris removal operators) may indirectly benefit through subcontracts, no specific public companies are identifiable from the award data. The contract is not tied to any of the listed legislative bills, which focus on unrelated areas like trails, healthcare, and technology. Presidential actions on space policy are also unrelated. Therefore, this award is a routine operational grant with negligible impact on public equity markets.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
TENNESSEE EMERGENCY MANAGEMENT AUTHORITY: $57.7M Department of Homeland Security Grant
ARKANSAS DIVISION OF EMERGENCY MANAGEMENT: $41.2M Department of Homeland Security Grant
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $142M Department of Homeland Security Grant
TENNESSEE EMERGENCY MANAGEMENT AUTHORITY: $26.0M 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
TENNESSEE EMERGENCY MANAGEMENT AUTHORITY
Award Amount
$74,339,870
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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