Macfadden, a PAE Company, Awarded $177.5M Task Order on USAID Contract to Support Agency’s Bureau for Humanitarian Assistance
August 18 2021 - 7:00AM
Macfadden, a wholly-owned subsidiary of PAE (NASDAQ: PAE, PAEWW),
was awarded a task order on the indefinite delivery, indefinite
quantity USAID Humanitarian Assistance Support Contract. The task
order supports activities of USAID’s Bureau for Humanitarian
Assistance and has a ceiling value of $177.5 million.
Macfadden will deliver administrative and
operational services in support of BHA’s role as USAID’s lead
federal coordinator for international disaster assistance by
harnessing the expertise and capacities of other U.S. government
entities to effectively respond to natural disasters and complex
crises around the world.
PAE Interim President and CEO Charlie Peiffer
said the award builds on the company’s strategy of expanding its
support for USAID’s humanitarian efforts.
“Macfadden has the skillset needed to coordinate
critical resources across the U.S. government for USAID to quickly
respond to crises across the globe,” Peiffer said. “We’re proud we
have this opportunity to continue our long legacy of providing
stability to partner nations.”
As the institutional support contractor to BHA,
Macfadden will provide comprehensive support services including the
administration of grants, cooperative and interagency agreements,
the recruitment and administration of U.S. Personal Services
Contracts, field and information support services, administrative
support, staff training and support for capacity-building
activities.
About the USAID Bureau for Humanitarian
AssistanceUSAID’s Bureau for Humanitarian Assistance
provides life-saving humanitarian assistance—including food, water,
shelter, emergency healthcare, sanitation and hygiene and critical
nutrition services—to the world’s most vulnerable and
hardest-to-reach people. In 2020, BHA was established to streamline
USAID humanitarian responses, bringing together the vast expertise
and resources of the former USAID Offices of U.S. Foreign Disaster
Assistance and Food for Peace.
About Macfadden and
PAEMacfadden, a PAE company, offers a wide range of
technical services to build the capacity of governments, partners
and individuals to solve some of the world’s toughest problems,
often in some of the toughest places. For more than three decades
we have been a reliable and trusted partner for USAID, responding
to more than 1,000 complex international disaster relief efforts.
Learn more at macf.com.
For more than 65 years, PAE has tackled the
world’s toughest challenges to deliver agile and steadfast
solutions to the U.S. government and host government partners. With
a global workforce of about 20,000 on all seven continents and in
approximately 60 countries, PAE delivers a broad range of
operational support services to meet the critical needs of our
clients. Our headquarters is in Falls Church, Virginia. Find us
online at pae.com, on Facebook, Twitter and LinkedIn.
Forward-Looking StatementsThis
press release may contain a number of “forward-looking statements”
as defined in the Private Securities Litigation Reform Act of 1995.
These forward-looking statements include, but are not limited to,
statements about PAE’s possible or assumed future results of
operations, financial results, backlog, estimation of resources for
contracts, risks related to IDIQ contracts, strategy for and
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generally, including congressional approval of appropriations, and
bid protests and risks related to foreign operations. These
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number of assumptions concerning future events.
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PAE’s management’s control, that could cause actual results to
differ materially from the results discussed in the forward-looking
statements.
Forward-looking statements included in this
release speak only as of the date of this release. PAE does not
undertake any obligation to update its forward-looking statements
to reflect events or circumstances after the date of this release
except as may be required by the federal securities
laws.
For media inquiries regarding PAE,
contact:Terrence NowlinSenior Communications
ManagerPAE703-656-7423terrence.nowlin@pae.com
For investor inquiries regarding PAE,
contact:
Mark ZindlerVice President, Investor
RelationsPAE703-717-6017mark.zindler@pae.com
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