PAE Awarded Seat on $800M Global Architect - Engineer Services III IDIQ by USAID Bureau for Development, Democracy and Innovation
03 August 2021 - 10:00PM
PAE (NASDAQ: PAE, PAEWW), a global leader merging technology with
advanced business practices, delivering innovative solutions to the
U.S. government and its host country partners, was awarded a seat
on the seven-year, $800 million Global Architect-Engineer Services
III indefinite delivery, indefinite quantity contract by the United
States Agency for International Development to support
infrastructure activities for the agency’s Bureau for Development,
Democracy and Innovation.
PAE is one of seven large business contractors
awarded a seat on the contract vehicle that also includes six small
business awardees. PAE will compete for task orders to provide
services that include infrastructure planning, engineering design,
construction supervision and related support on projects across the
globe.
PAE Interim President and CEO Charlie Peiffer
said the company’s demonstrated expertise delivering services
supporting global infrastructure initiatives makes its team a
valued partner on the contract.
“PAE is ready to advance USAID’s Mission
Strategic Objectives by providing technical expertise and design
and construction services in host countries,” Peiffer said. “We
believe our innovative solutions will deliver impactful support for
the agency’s most critical infrastructure needs.”
Forthcoming task orders are expected to span a
wide range of infrastructure services under the technical areas of
water and sanitation, environment, transportation, energy,
telecommunications and vertical structures and exterior public
space.
About the USAID Bureau for Development,
Democracy and InnovationThe Bureau for Development,
Democracy and Innovation is USAID’s central resource for providing
world-class technical assistance to its Missions. DDI’s
cross-cutting, global perspective is intended to enable the agency
to anticipate and respond to evolving trends and issues, catalyze
innovation and financing and broaden our partnership base, all with
the goal of sustainably meeting USAID’s development and
humanitarian goals.
About PAE
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.
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“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
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estimation of resources for contracts, risks related to IDIQ
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generally, including congressional approval of appropriations, and
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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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