Coronavirus Economic Relief for Transportation Services Act

 

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 was required to be for payroll costs, though grants may be used for operating expenses and the repayment of debt accrued to maintain payroll.

Active 21.028 Departmental Offices, Department of The Treasury A - Formula Grants Fiscal Year 2023 Over 1,400 motorcoach, school bus, passenger vessel, and pilotage companies across the United States used grant funds to support jobs, rehire staff, and stabilize an industry that experienced significant economic disruptions due to the COVID-19 pandemic. To date, grant recipients have spent the majority of funds on payroll costs, with the remainder of funds expended on costs such as operations, maintenance, and COVID-19 protection. Grantees represented a diverse segment of the industry: approximately 23% of recipients were women-owned businesses, 33% were minority-owned businesses, and 6% were veteran-owned businesses. Approximately 93% of all grantees were small businesses that supported staff during challenging times, while serving customers and communities across the country. Consolidated Appropriations Act, 2021, Part Division N, Title IV, Subtitle B, Section 421, Public Law 116-260 Pursuant to subsections 421(a) and (c) of the Consolidated Appropriations Act, 2021, eligible providers of transportation services under the CERTS program were required to: (1) be a private sector company, including a corporation, limited liability company, partnership, or sole proprietorship; (2) be established or organized in the United States or pursuant to Federal law; (3) have significant operations and a majority of employees based in the United States; and (4) be one of the four following types of transportation service providers (motorcoach transportation service providers, school bus transportation service providers, passenger vessel transportation service providers, or pilotage vessel transportation service providers) that as of March 1, 2020, either (a) have had 500 or fewer than 500 full-time, part-time, or temporary employees and not been a subsidiary, parent, or affiliate of any other entity with a combined total workforce of more than 500 full-time, part-time, or temporary employees; or (b) have had more than 500 full-time, part-time, or temporary employees and have not received assistance under the Passenger air carriers Loan Program, loans and loan guarantees for cargo air carriers, or National Security Loan Program (loans and loan guarantees for businesses critical to maintaining national security) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), Pub. L. No. 116-136. Providers of transportation services were also subject to other eligibility criteria as described in subsection 421(c)(2)(B) of the of the Consolidated Appropriations Act, 2021. Not applicable. Not applicable. Preapplication coordination is not applicable. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Not Applicable. Treasury does not expect to issue new awards. Not Applicable. Treasury does not expect to issue new awards. Deadlines do not apply. Not applicable. Not applicable. Not applicable. Not Applicable. Treasury does not expect to issue new awards. Grantees were allowed to use grant funds for operating expenses, including but not limited to, payment of payroll costs and compensation of returning employees for lost pay and benefits during the COVID-19 pandemic; the acquisition of services, personal protective equipment, and other measures needed to protect workers and customers from COVID–19; operations and maintenance of existing capital equipment and facilities, such as rent, leases, insurance, and interest on regularly scheduled debt service; and compensation of returning employees for lost pay and benefits during the COVID-19 pandemic. Not applicable. Grantees may be subject to audit by the Treasury's Office of the Inspector General and the Government Accountability Office Grantees were required to maintain records and financial documents related to their use of grant funds in accordance with the requirements set forth in the grant agreement. Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing. Grant funds were required to be used within 1 year after the first date of receipt of the funds. Method of awarding/releasing assistance: Funds were released as two payments of approximately 80% of funds followed closely by a remaining 20% of funds. Funds were released as two payments of 80% of funds followed closely by a remaining 20% of funds. None/Not specified. United States Department of the Treasury Attn: Coronavirus Economic Relief for Transportation Services (CERTS) Program
1500 Pennsylvania Avenue NW
Washington, DC 20220 USA
CERTS@treasury.gov
Phone: (202) 622-2000 https://home.treasury.gov/policy-issues/coronavirus/assistance-for-american-industry/coronavirus-economic-relief-for-transportation-services 20-0156-0-1-401 (Formula Grants) FY 22$687,632,543.00; FY 23 est $0.00; FY 24 est $0.00; FY 21$1,290,524,649.00; FY 20$0.00; - Grants to eligible motorcoach companies, school bus companies, passenger vessel companies, and pilotage companies Not Applicable. Treasury does not expect to issue new awards. Not applicable. Fiscal Year 2023 Treasury provided funding to motorcoach, school bus, passenger vessel, and pilotage companies across the country. Recipients used funds largely to support payment of payroll costs. Recipients also used funds for eligible operating expenses, including but not limited to: the acquisition of services, personal protective equipment, and other measures needed to protect workers and customers from COVID–19; operations and maintenance of existing capital equipment and facilities, such as rent, leases, insurance, and interest on regularly scheduled debt service; and compensation of returning employees for lost pay and benefits during the COVID-19 pandemic.