ICF International Awarded New $24 Million Contract with Major U.S. Utility

FAIRFAX, Va.--()--ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has been awarded a new contract from a major U.S. utility to provide habitat restoration program management services following construction of a 500kV electrical transmission line. The contract has a value of $24 million and a term of five years.

Under the terms of the contract, ICF will oversee restoration of environmentally sensitive lands that were disturbed during construction. ICF has provided environmental permitting and compliance services to support construction for the past four years.

“We’re pleased to support the client in constructing one of the nation's largest transmission lines under the most rigorous environmental requirements,” said Ted Lee, vice president for ICF International. “With the demand for new infrastructure projects, ICF is poised to apply this experience across the country.”

ICF International is a leader in designing and implementing habitat restoration and compliance programs that assist its clients in achieving full compliance with the often-challenging environmental and regulatory requirements associated with building major infrastructure projects.

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About ICF International

ICF International (NASDAQ:ICFI) provides professional services and technology solutions that deliver beneficial impact in areas critical to the world's future. ICF is fluent in the language of change, whether driven by markets, technology, or policy. Since 1969, we have combined a passion for our work with deep industry expertise to tackle our clients' most important challenges. We partner with clients around the globe—advising, executing, innovating—to help them define and achieve success. Our more than 4,500 employees serve government and commercial clients from more than 70 offices worldwide. ICF's website is www.icfi.com.

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Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.

Contacts

ICF International
Erica Eriksdotter, +1-703-934-3668
erica.eriksdotter@icfi.com

Release Summary

ICF has been awarded a new contract from a major U.S. utility to provide habitat restoration program management services following construction of a 500kV electrical transmission line.

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Contacts

ICF International
Erica Eriksdotter, +1-703-934-3668
erica.eriksdotter@icfi.com