IT consulting’s services company Intact Technology will invest $700,000 to expand its Reston, Virginia, headquarters and create more than 40 new jobs.

Virginia Gov. Ralph Northam and the Fairfax County Economic Development Authority announced the expansion Tuesday.

Intact Technology, founded in 1994, relocated its headquarters from Greenbelt, Maryland, to 12700 Sunrise Valley Drive in Reston in 2020.

As part of its expansion, it will receive incentives from the Virginia Jobs Investment Program and is eligible to receive $800 for each new job it creates, up to 41. The company will not receive the money until new hires have been on the company’s payroll for at least 90 days.

Intact Technology currently has roughly 80 employees. It has hired 24 new employees so far this year and has 25 open positions, according to company spokeswoman Emily Cook. Openings include managing directors, project management and consulting.

Customers for Intact Technology’s software consulting and managed services include Fortune 100 companies and the federal government, including GSA and the IRS.