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DLH Holdings (DLHC) has issued an announcement.
DLH Holdings Corp. is actively participating in a competitive bidding process for a series of healthcare logistics and pharmacy service contracts with the Department of Veterans Affairs (VA), operating as a joint venture with a service-disabled veteran-owned small business (SDVOSB). Recently, the VA awarded a contract for one location to a different SDVOSB, but DLH’s joint venture is contesting this decision and remains hopeful about securing other contracts. The company’s current contracts have been extended until April 30, 2024, while the VA evaluates the remaining RFPs, with final decisions expected by September 30, 2024. Despite the VA’s intent to transition to SDVOSB providers, DLH anticipates it will continue its service provision until the new five-year contracts are awarded.
See more insights into DLHC stock on TipRanks’ Stock Analysis page.
