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  4. ›CERTS Coronavirus Economic Relief for Transportation…

U.S. Department of the Treasury·United States of America

CERTS Coronavirus Economic Relief for Transportation Services

Rolling / TBD close$100k – $1MGrants Notice
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Description

The CERTS program provides grants to eligible motorcoach companies, school bus companies, passenger vessel companies, and pilotage companies that have experienced annual revenue losses of 25 percent or more as a result of COVID-19. The priority use of grant funds must be for payroll costs, though grants may be used for operating expenses and the repayment of debt accrued to maintain payroll. The program guidelines are available on the CERTS webpage on treasury.gov. • Eligible companies include motorcoach transportation service providers, school bus transportation service providers, passenger vessel transportation service providers, and pilotage vessel transportation service providers. • The grant funds can be used for payroll costs, operating expenses, and the repayment of debt accrued to maintain payroll. • The application portal will be open for 4 weeks after it is released. • The program has a total funding of $2 billion.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Gary Grippo(Grantor)

[email protected]

(202) 368-3538

Key dates

Opened
5/6/2021
Closes
Rolling / TBD

Last updated

Details

Type
Grants Notice
Industry
Transportation and Public Transit
NAICS
485110
Solicitation №
TREAS-CERTS-2021

Budget estimate

$100,000 – $1,000,000

The budget for this opportunity can be estimated based on the total funding of $2 billion and the number of awards, which is up to 5,000. Assuming an average grant amount, the budget per award could be around $400,000. However, this is a rough estimate and the actual budget per award may vary depending on the specific needs and circumstances of each eligible company.

AI estimate from the solicitation

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