California State Lottery Awards ICF New $58 Million Contract
RESTON, Va., March 13, 2024 /PRNewswire/ -- California State Lottery has recently expanded its collaboration with global consulting and technology services provider ICF (NASDAQ:ICFI) through a new $58 million contract award to continue supporting the Lottery's website. The base contract term is five years, with three optional extensions (two two-year extensions and one one-year extension). The contract was awarded in the fourth quarter of 2023.
- RESTON, Va., March 13, 2024 /PRNewswire/ -- California State Lottery has recently expanded its collaboration with global consulting and technology services provider ICF (NASDAQ:ICFI) through a new $58 million contract award to continue supporting the Lottery's website .
- The base contract term is five years, with three optional extensions (two two-year extensions and one one-year extension).
- "ICF has collaborated with the California State Lottery since 2015 to build a solid digital foundation and cloud-based infrastructure," said James Morgan, ICF chief operating officer.
- The California State Lottery plays a vital role in raising supplemental funding for California's public schools and raised $2.07 billion for education in the 2021–2022 fiscal year.