Thursday, September 26, 2013

CIDC Report Highlights History of International Development Companies’ Successes

The Professional Services Council (PSC) and its Council of International Development Companies (CIDC) yesterday published a new report chronicling the history and adaptability of international development companies (IDCs).

The report, “50 Years of Development: How Private Companies Adapt and Deliver,” follows USAID’s own report on its 50th anniversary in 2012 and outlines the dramatic changes that have reshaped foreign assistance delivery since the inception of the U.S. Agency for International Development (USAID). 



The report, authored by Tony Barclay, the former CEO of the international development company DAI, also describes how IDCs have changed and expanded to support USAID, even as budget cuts chipped away at the agency’s workforce but not its workload. Despite these budget cuts, IDCs continue to successfully support U.S. government development missions around the globe and under a variety of challenging circumstances, including in Afghanistan and Iraq.

“This paper clearly shows that international development companies remain reliable and resilient partners for the U.S. government,” said report author Tony Barclay, the former CEO of DAI. “IDCs alone deliver expertise through competitively awarded contracts that support projects that demand efficiency, flexibility, and measurable results in an environment of strict accountability for managing funds and compliance with procurement law and regulations.”

“This compelling account of the growth of U.S. international development companies proves the axiom that history is best written by those who lived and helped make it,” PSC President and CEO Stan Soloway said in his introduction to the report. “The overarching message of this narrative is simple and powerful. As U.S. foreign assistance policies and practices have evolved, development companies have matured, adapted to change, and grown with the times while always meeting the needs of their federal, foreign and private partners.”