Opportunity ID: 333321
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | TREAS-CERTS-2021 |
| Funding Opportunity Title: | CERTS Coronavirus Economic Relief for Transportation Services |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Transportation |
| Category Explanation: | – |
| Expected Number of Awards: | 5000 |
| Assistance Listings: | 21.028 — Coronavirus Economic Relief for Transportation Services Act |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | May 06, 2021 |
| Last Updated Date: | May 06, 2021 |
| Original Closing Date for Applications: | – Opportunity will close 4 weeks after the application is released through an on-line portal. |
| Current Closing Date for Applications: | – Opportunity will close 4 weeks after the application is released through an on-line portal. |
| Archive Date: | Jul 16, 2021 |
| Estimated Total Program Funding: | $2,000,000,000 |
| Award Ceiling: | – |
| Award Floor: | – |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | The following types of private sector companies are eligible:
Motorcoach transportation service providers |
Additional Information
| Agency Name: | Department of the Treasury |
| Description: |
Division N, Title IV, Section 421 of the Consolidated Appropriations Act, 2021 (the “Act”), Pub. L. No. 116-260 (December 27, 2020) authorized the $2 billion Coronavirus Economic Relief for Transportation Services (CERTS) program to provide 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 result of COVID-19 directly or indirectly. 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 U.S. Department of the Treasury (Treasury) has posted program guidelines on the CERTS webpage on treasury.gov: The guidelines address the overall CERTS grant process, eligibility standards, grant amounts and payments, eligible uses of grant funds, and how to prepare for the grant application. Treasury will open a web-based application portal accessible through the CERTS webpage on treasury.gov. Once the application portal is made available, it will be open for 4 weeks. Interested companies should check the web page to see when the application portal opens and closes. |
| Link to Additional Information: | CERTS Homepage on U.S. Treasury’s Website |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
CERTS@treasury.gov
Email:CERTS@treasury.gov |
Version History
| Version | Modification Description | Updated Date |
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