Sep
17
2008

$23 Million Federal Contract Awarded to ICF International

Company to Provide Consulting Support to Maryland Procurement Office

 

 

Fairfax, Virginia, September 17, 2008 -

ICF International (NASDAQ:ICFI) announced today that its subsidiary, ICF Incorporated, LLC, was awarded the Learning Education Training Services (LETS) Training Program by the Maryland Procurement Office. Under the new contract, worth more than $23 million over five years, ICF’s Center for National Security Research (CNSR) will support the Maryland Procurement Office across nine education and training service areas. These service areas incorporate training development, training evaluation, survey design, survey administration, and a variety of program and faculty evaluation efforts.

“The LETS Training Program is a significant component of ICF’s emerging role as an important asset to the U.S. federal government in the national security arena,” said Gerald Croan, ICF executive vice president. “This program continues the work of the CNSR in expanding the ICF role in the national security market.”

“ICF’s Center for National Security Research will provide diverse, highly skilled consultants to meet a range of educational and training needs for the LETS Training Program,” said Dr. Brian J. O’Connell, CNSR director. “Our team of highly skilled professionals, many with advanced degrees, has significant experience supporting the Maryland Procurement Office across all aspects of the LETS Training Program contract.”

The CNSR houses a multidisciplinary group of behavioral science experts that have many years of experience in providing technical consulting services to the U.S. Department of Defense and other federal agencies. These behavioral scientists offer a broad array of services that include organizational development and transformation, program management support, organizational evaluation services, and strategic workforce planning. The goal of CNSR is to apply cutting-edge behavioral science techniques to mission critical problems for a variety of U.S. federal government agencies.

 

 

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.

Caution Concerning Forward-looking Statements

This document may contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995—that is, statements related to future—not past—events, plans, and prospects. These statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “guidance,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “seek,” “should,” “will,” “would,” or similar words. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information, and are subject to factors that could cause actual results to differ materially from those anticipated. For ICF, particular uncertainties that could adversely or positively affect the Company’s future results include but are not limited to: risks related to the government contracting industry, including the timely approval of government budgets, changes in client spending priorities, and the results of government audits and investigations; risks related to our business, including our dependence on contracts with U.S. Federal Government agencies and departments and the State of Louisiana; continued good relations with these and other customers; success in competitive bidding on recompete and new contracts; performance by ICF and its subcontractors under our contract with the State of Louisiana, Office of Community Development, including but not limited to the risks of failure to achieve certain levels of program activities, termination, or material modification of the contract, and political uncertainties relating to The Road Home program; uncertainties as to whether revenues corresponding to the Company’s contract backlog will actually be received; the future of the energy sector of the global economy; our ability to attract and retain management and staff; strategic actions, including attempts to expand our service offerings and client base, the ability to make acquisitions, and the performance and future integration of acquired businesses; risks associated with operations outside the United States, including but not limited to international, regional, and national economic conditions, including the effects of terrorist activities, war, and currency fluctuations; and other risks and uncertainties disclosed in the Company’s filings with the Securities and Exchange Commission. These uncertainties may cause ICF’s actual future results to be materially different than those expressed in the Company’s forward-looking statements. ICF does not undertake to update its forward-looking statements.

For Immediate Release
Lindsey Litton
1.571.265.1472

 
 
 

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