ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has been awarded one new contract and has been successful in retaining four re-compete contracts in competitive procurements with the U.S. Department of Health and Human Services (HHS), Administration for Children and Families (ACF), Office of Head Start. The contracts have a total combined value of nearly $100 million and each contract has a term of five years, including one base year and four option years.
The four re-compete contracts support 22 states in Regions III, IV, VII and X, which cover states in the Mid-Atlantic, Southeast, Midwest and Northwest, respectively. The total combined value of these contracts is $74 million. The new contract covers Region XI, the American Indian and Alaska Native populations, across 26 states. The value of this contract is $25.8 million.
Under the contracts, ICF will provide training and technical assistance, program management, fiscal operation and quality improvement services. The goals include enhancing the quality of services that children and families receive to improve outcomes for children as they prepare to enter school.
"ICF early education services are designed to improve quality, identify outcomes and increase accountability in early education programs," said Barbara Rudin, senior vice president for ICF International. "We are honored to continue and expand our support of Head Start as we work in collaboration with the Office of Head Start and Head Start grantees throughout the five regions. Our expertise is research-based and backed by a roster of successful projects from community-based organizations to national initiatives—ultimately helping to improve the efficacy and sustainability of early education programs."
"ICF is pleased and proud to support HHS, ACF and the Office of Head Start in the important work of helping children and families across the nation," said Melissa Zwahr, vice president for ICF International. "ICF has provided Head Start support since 2003. We look forward to continuing our efforts to help sustain such a worthwhile program."
For More Information
ICF (NASDAQ:ICFI) is a global consulting and technology services provider with more than 5,000 professionals focused on making big things possible for our clients. We are business analysts, policy specialists, technologists, researchers, digital strategists, social scientists and creatives. Since 1969, government and commercial clients have worked with ICF to overcome their toughest challenges on issues that matter profoundly to their success. Come engage with us at icf.com.
Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.