ICF International Receives Third Task Order, Valued at US$1.3 Million, from Millennium Challenge Corporation
Program to Stimulate Economic Growth and Increase Household Incomes in Tanzania
Fairfax, Virginia, April 2, 2007 -
ICF International (NASDAQ: ICFI) announced today that it was awarded through its subsidiary ICF Incorporated, LLC, a third task order by the Millennium Challenge Corporation (MCC) under ICF’s Indefinite Delivery Indefinite Quantity (IDIQ) contract for Project Development and Management Services, and Environmental and Engineering Consulting. This task order, entitled Architectural & Engineering Consulting Services for Tanzania Due Diligence—Transport, is a four-month engagement valued at US$1.3 million. MCC is planning to invest in a program in Tanzania to stimulate economic growth and increase household incomes through targeted infrastructure investments in the transportation, energy, and water sectors. In the transportation sector, MCC proposes to provide funding for constructing and upgrading key highways and roads and two regional airports in various parts of the country.
The objective of ICF’s new task order is to provide due diligence on the technical, environmental, economic, and institutional aspects of the proposed transportation sector investments. ICF will provide overall program management as well as technical expertise in areas including environmental impact assessment, socioeconomic impact assessment, and environmental/socioeconomic impact management planning.
“ICF is pleased to work with MCC on this task order, aimed at raising the overall quality of life in Tanzania,” said Sergio Ostria, a senior vice president with ICF and expert in transportation and environmental issues. “We understand the urgency of our assignment and together with the other members of our consortium, we are ready to support MCC and the Tanzanian government in their plans to improve the transportation infrastructure in Tanzania.”
About ICF International
ICF International (NASDAQ: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, environment, transportation, social programs, defense, and homeland security markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 2,000 employees serve these clients worldwide. ICF’s Web site is http://www.icfi.com.
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