TENNESSEE EMERGENCY MANAGEMENT AGENCY: $29.0M Department of Homeland Security Federal Award
Summary
This is a $29.0M direct payment grant from FEMA to the Tennessee Emergency Management Agency for disaster family assistance. As the recipient is a state government entity, no publicly-traded companies are directly impacted.
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Key Takeaways
- 1.No publicly-traded companies are directly impacted by this state government grant.
- 2.The contract supports disaster relief operations in Tennessee.
- 3.Investors should not attribute this contract to any specific stock.
Market Implications
No market implications as the contract is a government-to-government transfer with no public company involvement.
Full Analysis
The contract is a pass-through grant from the Department of Homeland Security's FEMA to the Tennessee Emergency Management Agency, providing $29.0M for families in disaster areas. Since the recipient is a state government agency, there is no direct public company beneficiary. The grant supports disaster relief operations, which may indirectly benefit local contractors and service providers, but no specific publicly-traded companies can be reliably identified. No related legislation directly authorizes this specific grant, and the presidential action on defense supply chains is unrelated to disaster relief.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
MISSISSIPPI EMERGENCY MANAGEMENT AGENCY: $28.9M Department of Homeland Security Federal Award
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $56.9M Department of Homeland Security Federal Award
KENTUCKY DEPARTMENT OF MILITARY AFFAIRS: $16.1M Department of Homeland Security Federal Award
TENNESSEE EMERGENCY MANAGEMENT AGENCY: $59.5M Department of Homeland Security Federal Award
Contract Details
Recipient
TENNESSEE EMERGENCY MANAGEMENT AGENCY
Award Amount
$28,973,403
Awarding Agency
Department of Homeland Security
Sub-Agency
Federal Emergency Management Agency
Contract Type
DIRECT PAYMENT FOR SPECIFIED USE, AS A SUBSIDY OR OTHER NON-REIMBURSABLE DIRECT FINANCIAL AID (C)
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