diff --git a/app/Console/Commands/ImportNewInstitutionCaps.php b/app/Console/Commands/ImportNewInstitutionCaps.php
new file mode 100644
index 00000000..201aff75
--- /dev/null
+++ b/app/Console/Commands/ImportNewInstitutionCaps.php
@@ -0,0 +1,68 @@
+<?php
+
+namespace App\Console\Commands;
+
+use App\Models\Cap;
+use Illuminate\Console\Command;
+use League\Csv\Reader;
+
+class ImportNewInstitutionCaps extends Command
+{
+    /**
+     * The name and signature of the console command.
+     *
+     * @var string
+     */
+    protected $signature = 'import:new-institutions-caps {file}';
+
+    /**
+     * The console command description.
+     *
+     * @var string
+     */
+    protected $description = 'Import caps data from CSV file';
+
+    /**
+     * Execute the console command.
+     */
+    public function handle()
+    {
+        $file = $this->argument('file');
+
+        if (!file_exists($file)) {
+            $this->error("File does not exist: $file");
+            return 1;
+        }
+
+        $csv = Reader::createFromPath($file, 'r');
+        $csv->setHeaderOffset(0);
+
+        $records = $csv->getRecords();
+
+        foreach ($records as $record) {
+            try {
+                // Remove any hyphens that could be exist in the csv file provided
+                $guid = str_replace('-', '', $record['guid']);
+
+                Cap::create([
+                    'guid' => $guid,
+                    'fed_cap_guid' => $record['fed_cap_guid'],
+                    'institution_guid' => $record['institution_guid'],
+                    'start_date' => $record['start_date'],
+                    'end_date' => $record['end_date'],
+                    'total_attestations' => $record['total_attestations'],
+                    'active_status' => TRUE,
+                    'confirmed' => TRUE,
+                    'total_reserved_graduate_attestations' => $record['total_reserved_graduate_attestations'],
+                ]);
+
+                $this->info("Created cap for: {$record['guid']}");
+            } catch (\Exception $e) {
+                $this->error("Error processing record for {$record['guid']}: " . $e->getMessage());
+            }
+        }
+
+        $this->info('Data import completed.');
+        return 0;
+    }
+}