Department of Labor Awards ICF Task Order for Research Support Services

Rhea-AI Summary

ICF was awarded a $9 million task order for research support services from the U.S. Department of Labor's Bureau of International Labor Affairs. This five-year contract will focus on producing reports regarding child labor and human trafficking. ICF has been providing these services since 2005, helping inform policymakers and the public on critical social issues. The company emphasizes the creation of reliable data, ensuring the reports meet congressional standards. This award reinforces ICF's role in addressing significant social challenges.

Positive

• ICF awarded a $9 million contract, reinforcing its position in the government consulting sector.
• Continues a long-standing relationship with the U.S. Department of Labor, indicating reliability and trust.

Negative

• None.

FAIRFAX, Va., Oct. 13, 2020 /PRNewswire/ -- ICF (NASDAQ: ICFI), a global consulting and digital services provider, was recently awarded a $9 million re-compete task order for research support services under its blanket purchase agreement with the U.S. Department of Labor (DOL), Bureau of International Labor Affairs (ILAB). The five-year task order includes a one-year base and four one-year option periods.

Under this contract, ICF will continue to provide research and publication support for ILAB's production of congressional and executive order reports on child labor, forced labor and human trafficking. The impact of these reports can be far-reaching: Government decision-makers may consult ILAB's reports when developing policies and when engaging in trade negotiations; foreign governments may review and respond to the information; and members of the general public may access the information to learn about child labor, forced labor and human trafficking, as well as the goods associated with them.

"ICF understands the importance of ensuring that the information in these reports is based on the most current, relevant, probative and credible information available—in a manner that is both accessible and understandable by the global public," said Leo Ryan, ICF senior vice president and international health and development lead. "Since 2005, ICF has produced reliable and verified data for DOL congressionally mandated reports, producing data rigorous enough to withstand congressional and international scrutiny."

Over the past 15 years, ICF has contributed to ILAB's work to eradicate child labor, forced labor and human trafficking, and inform policymakers and the public about these abuses and foreign governments' efforts to combat them. 

With backgrounds ranging from public policy, human services, social sciences, technology and finance to urban planning, public health and environmental science, ICF drives breakthrough work on the world's most critical social issues. Read more about ICF's social programs. 

About ICF
ICF is a global consulting services company with over 7,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.

Caution Concerning Forward-looking Statements
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; our ability to acquire and successfully integrate businesses; and the effects of the novel coronavirus disease (COVID-19) and related federal, state and local government actions and reactions on the health of our staff and that of our clients, the continuity of our and our clients' operations, our results of operations and our outlook. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements THAT 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.

Contact: Lauren Dyke, lauren.dyke@ICF.com, +1.571.373.5577

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SOURCE ICF

FAQ

What is the value of the task order awarded to ICF?

ICF was awarded a $9 million task order.

Which department awarded the contract to ICF?

The contract was awarded by the U.S. Department of Labor.

What services will ICF provide under the new task order?

ICF will provide research and publication support on child labor and human trafficking.

How long is the task order for ICF?

The task order spans five years, including one base year and four option years.

When was the task order for ICF announced?

The task order was announced on October 13, 2020.