USAID Awards ICF $236 Million Global Health Contract

Rhea-AI Summary

ICF has been awarded a $236 million contract by USAID to continue delivering their Demographic and Health Surveys Program, known as the 'gold standard' of health surveys. The contract aims to improve health outcomes by providing critical data for population, health, and nutrition programs worldwide. ICF's approach includes strengthening countries' capacity to collect and analyze data, incorporating technology and AI for efficiency, and focusing on vulnerable populations. The company's work spans various global health and development initiatives.

Positive

• ICF secures a $236 million contract to continue delivering the DHS Program, recognized as a key source of data for health programs globally.

• The company's approach focuses on enhancing countries' data collection capabilities, incorporating technology for efficiency, and prioritizing marginalized populations.

• ICF's work in global development covers a wide range of initiatives, including addressing health needs, poverty alleviation, clean energy support, and climate change solutions.

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• None.

Company to Deliver Demographic and Health Survey to Improve Health Outcomes

RESTON, Va., May 7, 2024 /PRNewswire/ -- The U.S. Agency for International Development (USAID) Bureau for Global Health has awarded global consulting and technology services provider ICF (NASDAQ:ICFI) a five-year, $236 million recompete contract to continue to deliver their Demographic and Health Surveys (DHS) Program, which is considered globally as the "gold standard" of health surveys.

ICF has supported the DHS Program since its inception 40 years ago, helping grow it into the world's premier source of critical and actionable data for population, health and nutrition programs. Survey data is used by national governments, international organizations, researchers and others to support strategic planning, policymaking, financing, program management and more.

ICF's delivery approach is focused on strengthening the capacity of participating countries to collect, analyze and disseminate their data and integrate inclusive approaches that take vulnerable and marginalized populations into consideration. ICF will also incorporate technology and other program innovations to increase survey automation and efficiency, including the selective adoption of artificial intelligence in accordance with requirements of country ownership and safeguarding sensitive data.

"The DHS Program has been instrumental in advancing our collective understanding of global health and its impact on populations, particularly in low- and middle-income countries," said Jennifer Welham, senior vice president for health, people and human services, "We are proud to continue our decades-long partnership with USAID by providing leading-edge health, survey research and data management expertise to support the development of effective health policies and interventions. Together, we are improving the well-being and quality of life for people and communities around the world."

To date, the DHS Program has collected, analyzed and disseminated accurate and representative data through over 400 surveys in over 90 countries.

A leader in global development, ICF works with country partners and international development agencies to design and implement projects that promote sustainable, resilient societies. The company's work aims to facilitate inclusive growth and sustainability; alleviate poverty; support clean energy; advance climate change solutions; and address environmental, social and health needs in developing countries. From infectious diseases to health security, ICF addresses today's most pressing health issues built on decades of expertise supporting countries around the globe.

Read more about ICF's international development and global health services.

About ICF
ICF is a global consulting and technology services company with approximately 9,000 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 various risks and uncertainties related to health epidemics, pandemics, and similar outbreaks. 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