DLH Wins Renewal of Monitoring & Evaluation Support to the Office of Head Start
August 26 2020 - 7:36AM
DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the
“Company”), a leading provider of innovative healthcare
research, services and solutions to federal agencies, today
announced that it has been awarded a contract to continue providing
national monitoring support services to the Administration for
Children and Families’ (ACF) Office of Head Start (OHS). The award
covers project management, compliance and performance monitoring
reviews, logistic support, data collection, utilization and
analysis, technology systems and subject matter expertise in the
areas of program management and quality improvement.
The contract renewal leverages significant
business process and technology changes to the reviewing and
monitoring methodology accomplished under the previous contract.
These included Development, Modernization, and Enhancement (DME)
services to migrate from the legacy government system to a
mobile-enabled environment with new tools for data capture and
visualization, content management, and report generation. Through
this new contract DLH brings enhanced fraud, waste, and abuse
detection services, bolstered by its in-house FedRAMP Ready secure
data analytics platform-as-a-service (PaaS) Infinibyte Cloud
solution, which meets and exceeds federal agency FISMA
requirements.
The contract includes a base period of eight
months, with four one-year options, valued at $150 million
including the option periods, and it continues DLH’s longstanding
relationship with ACF. Under the contract DLH’s extensive network
of early reviewers and subject matter experts will evaluate over
2,000 grantees providing services to children throughout the
U.S.
“DLH is honored to continue our support of the
ACF’s Office of Head Start in its missions to ensure vulnerable
young children throughout the United States are prepared to succeed
in school, and families receive the support they need to work to
enhance school readiness,” said Zach Parker, President & CEO of
DLH.
“We are extremely proud of our long-standing
relationship with OHS and look forward to building upon our
existing track record of performance excellence,” added Helene
Fisher, President of DLH's subsidiary, Danya International.
“As we navigate the challenges posed to at-risk children and
families served by OHS and ACF by the COVID-19 pandemic in the
immediate and long-term, DLH remains committed to implementing
innovative solutions in the service of quality improvement,
educational and childhood development, physical and mental health,
family engagement, and fiscal accountability.”
About DLHDLH (NASDAQ: DLHC)
serves federal government clients throughout the United States and
abroad delivering technology enabled solutions in key health and
human services programs. The Company's core competencies include
secure data analytics, clinical trials and laboratory services,
case management, performance evaluation, system modernization,
operational logistics and readiness, and strategic digital
communications. DLH has approximately 2,000 employees serving
numerous government agencies. For more information, visit the
corporate website at www.dlhcorp.com
Safe Harbor Statement under the Private
Securities Litigation Reform Act of 1995:This press
release may contain forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. These
statements relate to future events or DLH`s future financial
performance. Any statements that refer to expectations,
projections or other characterizations of future events or
circumstances or that are not statements of historical fact
(including without limitation statements to the effect that the
Company or its management “believes”, “expects”, “anticipates”,
“plans”, “intends” and similar expressions) should be considered
forward looking statements that involve risks and uncertainties
which could cause actual events or DLH’s actual results to differ
materially from those indicated by the forward-looking statements.
Forward-looking statements in this release include, among others,
statements regarding estimates of future revenues. These statements
reflect our belief and assumptions as to future events that may not
prove to be accurate. Our actual results may differ materially from
such forward-looking statements made in this release due to a
variety of factors, including: the outbreak of the novel
coronavirus (“COVID-19”), including the measures to reduce its
spread, and its impact on the economy and demand for our services,
are uncertain, cannot be predicted, and may precipitate or
exacerbate other risks and uncertainties; the risk that we will not
realize the anticipated benefits of an acquisition; the challenges
of managing larger and more widespread operations resulting from
the acquisition; contract awards in connection with re-competes for
present business and/or competition for new business; compliance
with new bank financial and other covenants; changes in client
budgetary priorities; government contract procurement (such as bid
protest, small business set asides, loss of work due to
organizational conflicts of interest, etc.) and termination risks;
the ability to successfully integrate the operations of future
acquisitions; and other risks described in our SEC filings. For a
discussion of such risks and uncertainties which could cause actual
results to differ from those contained in the forward-looking
statements, see “Risk Factors” in the Company’s periodic reports
filed with the SEC, including our Annual Report on Form 10-K for
the fiscal year ended September 30, 2019, as well as subsequent
reports filed thereafter. The forward-looking statements contained
herein are not historical facts, but rather are based on current
expectations, estimates, assumptions and projections about our
industry and business. Such forward-looking statements are
made as of the date hereof and may become outdated over time. The
Company does not assume any responsibility for updating
forward-looking statements, except as may be required by law.
CONTACTS:
INVESTOR RELATIONSContact: Chris
WittyPhone: 646-438-9385Email:
cwitty@darrowir.com
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