Aug
5
2009

ICF International Awarded Broadband Stimulus Contract Valued at up to $27 Million

Firm to Help Implement USDA Rural Development, Rural Utilities Service Program

 

 

Fairfax, Virginia, August 5, 2009 -

ICF Incorporated, LLC, a subsidiary of ICF International (NASDAQ:ICFI), announced today the award of a new, multi-year contract valued at up to $27 million with the U.S. Department of Agriculture (USDA) Rural Development, Rural Utilities Service (RUS). Under this contract, the ICF team will support the RUS Broadband Initiatives Program, a part of the American Recovery and Reinvestment Act of 2009.

The ICF team will support the Broadband Initiatives Program with program administration, application processing, post-award monitoring, program reporting, communications and outreach, and technical assistance. The team will begin immediately by setting up the application review process to assist the RUS in making timely awards.

“We are mobilizing our experience in a wide variety of areas, including rapid program deployment, broadband technologies, and federal lending procedures, to support the provision of this critical infrastructure for rural America,” stated Andrew Zehe, ICF Principal and Program Manager for this effort.

“ICF is proud of its long record of assisting USDA’s rural development efforts, and we are pleased to play a role in extending broadband access to unserved rural communities,” stated Eric Oetjen, Senior Vice President for Community Development. “We look forward to helping fulfill what President Obama’s Administration has termed a ‘down payment’ toward reaching America’s broadband goal.”

 

 

About ICF International

ICF International (NASDAQ:ICFI) partners with government and commercial clients to deliver professional services and technology solutions in the energy and climate change; environment and infrastructure; health, human services, and social programs; and homeland security and defense 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 research and analysis through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,500 employees serve these clients worldwide. ICF’s Web site 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 annual report on Form 10-K for the fiscal year ended December 31, 2008 and our other 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.

FOR IMMEDIATE RELEASE
 
Douglas Beck
1.703.934.3820
 
 
 

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