TENNESSEE EMERGENCY MANAGEMENT AGENCY: $59.5M Department of Homeland Security Federal Award
Summary
This is a $59.5M direct payment grant from FEMA to the Tennessee Emergency Management Agency for disaster family assistance. As the recipient is a state government entity, there is no direct publicly-traded company beneficiary, and no stock market impact is expected.
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Key Takeaways
- 1.Contract is a direct government-to-government grant, not a commercial award.
- 2.No publicly-traded company benefits directly or through supply chain.
- 3.Disaster relief spending is routine and does not signal sector-wide shifts.
Market Implications
This contract has no market implications as it is a government-to-government transfer. No publicly-traded companies are involved, and the amount is modest relative to the broader economy.
Full Analysis
The contract is a $59.5M pass-through grant from the Department of Homeland Security/FEMA to the Tennessee Emergency Management Agency, intended to provide direct financial aid to families in disaster areas. This is a non-reimbursable subsidy, not a procurement contract for goods or services. Since the recipient is a state government agency, no publicly-traded company receives this funding directly or as a subcontractor. The contract supports disaster relief efforts, which may indirectly benefit local construction or service firms, but no specific public companies are identifiable. Related bills in the database are neutral with low impact and do not connect to this contract. Presidential actions on defense supply chains are unrelated to disaster relief grants. Therefore, no tickers or causal chains are warranted.
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
STATE OF FLORIDA DIVISION OF EMERGENCY MANAGEMENT: $56.9M Department of Homeland Security Federal Award
TENNESSEE EMERGENCY MANAGEMENT AGENCY: $29.0M Department of Homeland Security Federal Award
TENNESSEE EMERGENCY MANAGEMENT AGENCY: $26.3M Department of Homeland Security Federal Award
MISSISSIPPI EMERGENCY MANAGEMENT AGENCY: $28.9M Department of Homeland Security Federal Award
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Excluding Certain Canadian Alcoholic Beverages from Importation into the United States in Response to Continued Discrimination Against the Commerce of the United States with Respect to Alcoholic Beverages
President Trump, invoking Section 338 of the Tariff Act of 1930, orders an import ban on certain Canadian alcoholic beverages effective September 29, 2026, escalating previous 50% ad valorem duties. This action targets Canadian discrimination against U.S. alcoholic beverages, citing Canada's broken commitments and additional retaliation. The ban replaces the tariff for specified products with a complete exclusion from entry into the United States.
Excluding Certain Canadian Products from Importation into the United States in Response to Continued Discrimination Against the Commerce of the United States with Respect to Motor Vehicles
This proclamation bans imports of certain Canadian products, escalating a trade dispute over Canada's motor vehicle tariffs. It builds on prior actions under Section 338 of the Tariff Act of 1930 to impose an import exclusion, effective September 29, 2026, for goods currently subject to a 50% duty. The measure directs U.S. Customs and Border Protection to implement the ban and removes these products from the tariff regime, potentially disrupting supply chains in automotive and related sectors.
Modifying the Scope of Products of Canada Subject to the Additional Duties Imposed to Offset Canadian Discrimination Against the Commerce of the United States with Respect to Alcoholic Beverages
This proclamation modifies the list of Canadian products subject to a 50% ad valorem additional duty originally imposed under Proclamation 11046, effective September 15, 2026. It adds certain products to the duty (Annex I, Part A) and removes others (Annex I, Part B), based on recommendations from senior executive branch officials to better serve the public interest while still offsetting Canadian discrimination against U.S. alcoholic beverages. The action directs U.S. Customs and Border Protection to implement the changes and maintains that the duties are in addition to any existing section 232 duties.
Contract Details
Recipient
TENNESSEE EMERGENCY MANAGEMENT AGENCY
Award Amount
$59,492,998
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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