NEW YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $51.5M Department of Homeland Security Grant
Summary
This $51.5M FEMA grant to New York State Division of Homeland Security & Emergency Services supports disaster recovery and hazard mitigation. Since the recipient is a state government entity, no publicly traded companies are directly awarded, but the contract signals ongoing federal investment in disaster preparedness and infrastructure resilience.
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Key Takeaways
- 1.The $51.5M grant is a routine disaster recovery award to a state government, not a public company.
- 2.No publicly traded companies are direct beneficiaries, but subcontractors in construction and emergency services may see indirect demand.
- 3.The contract aligns with broader federal investment in infrastructure resilience, supported by multiple bills.
Market Implications
The contract has negligible direct market impact since it goes to a state entity. Indirectly, it supports the disaster recovery sector, which includes companies like $CAT (construction equipment) and $EME (engineering services), but the $51.5M amount is too small to move these stocks. No related presidential actions or bills directly tie to this award.
Full Analysis
The contract is a $51.5M project grant from FEMA to the New York State Division of Homeland Security & Emergency Services under the Public Assistance Program. It funds debris removal, emergency protective measures, and restoration of disaster-damaged public facilities. As the recipient is a state government, no public company is directly awarded. However, the contract reflects sustained federal spending on disaster recovery, which benefits companies in construction, engineering, and emergency services that subcontract with state agencies. Related legislation like HR10001 (Wildfire Responder Protection Act) and HR7751 (Parks to People Active Transportation Act) show bipartisan support for infrastructure resilience, though no specific bill directly authorizes this grant. Historical patterns indicate that disaster recovery contracts often lead to increased demand for construction materials and services from firms like $CAT, $VMC, and $EME, but the impact is diffuse and not directly attributable here.
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 YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES: $67.6M Department of Homeland Security Grant
NEW MEXICO DEPARTMENT OF HOMELAND SECURITY AND EMERGENCY MANAGEMENT: $37.0M 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
Adjusting Imports of Wind Turbines and Their Parts and Components into the United States
This proclamation initiates negotiations to adjust imports of wind turbines and their components under Section 232, citing national security concerns including cybersecurity vulnerabilities, radar interference, and grid reliability. It does not immediately impose tariffs but sets the stage for potential trade restrictions, and notes that certain wind turbine components made of aluminum, steel, or copper are already subject to existing tariffs.
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 YORK STATE DIVISION OF HOMELAND SECURITY & EMERGENCY SERVICES
Award Amount
$51,508,148
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
PROJECT GRANT (B)
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