NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $151M Department of Homeland Security Grant
Summary
This $151M FEMA grant to the New Mexico Department of Homeland Security and Emergency Management supports disaster recovery and mitigation. As a state government recipient, no publicly traded companies are directly impacted.
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Key Takeaways
- 1.No direct public company exposure.
- 2.Grant supports state-level disaster recovery.
- 3.Sector: Infrastructure.
Market Implications
No direct market implications as the recipient is a government entity. However, companies in the disaster recovery and construction sectors may indirectly benefit from increased state-level spending, but this specific award is too small and indirect to attribute.
Full Analysis
The contract is a project grant from FEMA to a state agency for disaster assistance. Since the recipient is a government entity, there is no direct public company beneficiary. The funds will be used for debris removal, emergency protective measures, and restoration of public facilities. This type of spending typically flows to local contractors and service providers, but no specific publicly traded companies are identifiable from this award. The sector impact is on infrastructure and emergency management services.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $190M Department of Homeland Security Grant
NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $152M Department of Homeland Security Grant
MISSISSIPPI EMERGENCY MANAGEMENT AGENCY: $186M Department of Homeland Security Grant
EMERGENCY MGMT DEPARTMENT OF: $33.5M 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
NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT
Award Amount
$150,839,228
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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