ICF International Awarded New Contract Valued at $42 Million with EPA’s Clean Air Markets Division
Company to Provide Economic Analyses to Support EPA’s Development of Clean Air Act Programs and Climate Change Solutions
Fairfax, Virginia, March 12, 2008 -
The U.S. Environmental Protection Agency has awarded ICF International (NASDAQ: ICFI) a new five-year contract valued at $42 million to support its Clean Air Markets Division. ICF and its teaming partners will provide expertise in several areas, including climate change, acid rain, mercury deposition, and sector-based energy and air emissions initiatives.
ICF has supported EPA across all major programs for 30 years, including more than 20 years supporting EPA’s air quality programs such as the Acid Rain Program, one of the most successful public policy environmental initiatives.
“ICF places tremendous value in the opportunity to continue supporting EPA’s advancement of innovative approaches to environmental and climate change challenges that are at the core of their mission and program,” said Gayle Kline, an ICF vice president and environmental expert. “This award reaffirms our role as a global leader in bringing best-in-class solutions to energy sector modeling and economic and environmental analysis. We look forward to working with EPA’s Clean Air Markets Division to find creative solutions to the growing challenge of developing environmental programs and policies for increasingly complex energy and environmental markets.”
The EPA’s Clean Air Markets Division develops market-based regulations and establishes emissions trading systems to cost effectively reduce air pollutants. A component of this contract will be modeling and analyses of potential climate change policy in the electric utility sector. ICF will use its well-established power sector modeling tool, the Integrated Planning Model (IPM®), to examine the costs and market impacts of alternative carbon trading policies and programs and the impacts on consumers, businesses, and industry.
About ICF International
ICF International (NASDAQ: ICFI) partners with government and commercial clients to deliver consulting services and technology solutions in the energy, climate change, environment, transportation, social programs, health, defense, and emergency management 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 3,000 employees serve these clients worldwide. ICF’s Web site is www.icfi.com.
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