HHS Awards ICF $25 Million Engineering and Architecture Services Contract

Rhea-AI Summary

On October 1, 2020, ICF (NASDAQ: ICFI) secured a $25 million contract from the U.S. Department of Health and Human Services' Children's Bureau. This five-year project focuses on developing a cloud-based National Child Welfare Data Management System, aimed at enhancing data management efficiency. ICF's proven expertise in IT solutions for child welfare will aid in replacing outdated systems to improve data accessibility and transparency. This initiative underscores ICF's ongoing commitment to support child welfare programs across federal and state entities.

Positive

• Awarded a $25 million contract with HHS for a National Child Welfare Data Management System.
• The contract term spans five years, providing potential for sustained revenue.
• ICF's extensive experience with child welfare IT improves credibility in executing the project.

Negative

• None.

FAIRFAX, Va., Oct. 1, 2020 /PRNewswire/ -- ICF (NASDAQ: ICFI), a global consulting and digital services provider, was recently awarded a new $25 million contract with the U.S. Department of Health and Human Services' (HHS) Children's Bureau (CB) to provide engineering and architecture services for the development of a new cloud-based National Child Welfare Data Management System. The contract has a term of five years, including a one-year base and four one-year option periods.

Under the agreement, ICF will develop an enterprise-wide system designed to increase the efficiency and effectiveness of child welfare data management and reporting. This modernized system will replace existing systems to make nationwide data on child welfare, adoption and foster care more accessible and transparent and enable CB to better assess the success of state and tribal prevention program services.

"ICF has designed and implemented numerous complex data collection, analysis and distribution systems across HHS and the federal government," said Mark Lee, ICF senior vice president and public sector lead. "Our analysts, designers and developers work with the best in cloud and open source technology to help clients modernize legacy systems and optimize their IT operations. We are proud to help CB realize its vision of creating a national data system that provides greater insight into the welfare of the nation's children."

For over 30 years, ICF has provided IT solutions and child welfare expertise to the Children's Bureau in support of programs designed to improve outcomes for children and families. Over this time, ICF experts have gained extensive first-hand knowledge of multiple federal, state and tribal child welfare IT and reporting systems, including those to be replaced by the new national data management system.

ICF, one of the leading providers of cloud-based platform services to the U.S. federal government, combines the best of advanced analytics, industry expertise and enterprise technologies to build agile solutions for clients. ICF supports nearly every federal agency and a growing set of state and local clients with a wide variety of services, including strategic consulting, analytics, human capital management, cloud-based platform modernization, enterprise cybersecurity, disaster management, resilience planning and more.

Read more about ICF's digital transformation and social programs services.

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 ICF's recent contract award about?

ICF was awarded a $25 million contract to develop a cloud-based National Child Welfare Data Management System for the U.S. Department of Health and Human Services.

How long is the contract term for ICF's new project?

The contract has a term of five years, with one base year and four optional years.

What are the goals of the National Child Welfare Data Management System?

The system aims to enhance efficiency in child welfare data management and improve data accessibility and transparency.

What is ICF's expertise in child welfare IT solutions?

ICF has over 30 years of experience providing IT solutions and support for child welfare programs.

When was the contract awarded to ICF?

The contract was awarded on October 1, 2020.