DLH (DLHC) – Awarded FEMA Contract with $87 Million Ceiling

Friday, September 24, 2021

DLH (DLHC)
Awarded FEMA Contract with $87 Million Ceiling

DLH Holdings Corp is a provider of technology-enabled business process outsourcing and program management solutions in the United States. The company offers services to several government agencies which include the Department of veteran affairs, Department of health and human services, Department of Defense and other government agencies. It operates primarily through prime contracts and also derives its revenue from agencies of the federal government, primarily as a prime contractor but also as a subcontractor to other Federal prime contractors.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Contract. Under a Federal Emergency Management Agency (FEMA) contract to provide support for states seeking temporary hospital support during the COVID-19 pandemic, DLH has been awarded a contract to support the state of Alaska. The contract has a ceiling value of $87 million for the 90-day base period, with the potential for three one-month extensions. The contract begins Monday.

    Details.  As the prime contractor, DLH will manage the emergency medical logistics coordination for the healthcare services teams fielded by its subcontractor, which will provide a significant percentage of the services. DLH will leverage its relationship with a nationally recognized temporary medical staffing firm to place experienced medical support personnel in communities throughout the state …



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