Company Will Continue to Build and Manage Applications that Support Child Care Inspections and Subsidy Disbursements
FAIRFAX, Va., July 15, 2020 /PRNewswire/ -- ICF (NASDAQ: ICFI), a global consulting and digital services provider, was recently awarded a re-compete task order by the Department of Defense's (DOD) Commander, Navy Installations Command (CNIC) to support Military Community and Family Policy's Child and Youth Programs (CYP). The agreement, which was awarded in the first quarter of 2020, has a value of $26 million and a term of five years, including a one-year base and four one-year options.
The task order supports military-operated child development and youth programs across the DOD service branches. Each service branch operates its own system of care to deliver a variety of services and provider types to meet the unique needs of military families. These include programs focused on developmental child care, recreational activities, certified home care providers and other various services.
Under the agreement, ICF will continue its work with CNIC and the DOD service branches to build and manage enterprise-wide applications that support these programs, including those used to register, organize and manage information about certified child care providers, the disbursement of subsidies to those providers, and inspections of child care programs.
ICF will also expand its support services into additional areas such as military family readiness programs, which includes the expansion of the inspection system for greater standardization and oversight.
"ICF's key differentiator is our ability to bring both deep subject matter expertise and market-leading digital capabilities to address both the programmatic and the technological issues our clients face," said Mark Lee, senior vice president and public sector lead. "In this case, our child welfare experts and technology and systems developers work in tandem to support service branches across DOD in their mission of ensuring our military children and youth are safe and in good care."
Read more about ICF's social programs and enterprise technology 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.
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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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