ICF International Awarded $36.5 Million ENERGY STAR® Contract
ICF to Identify and Promote Energy-Efficient Products and Residential Buildings
Fairfax, Virginia, March 30, 2011 -
ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has been awarded a re-compete contract with the U.S. Environmental Protection Agency, Office of Air and Radiation to provide technical and analytical support for the ENERGY STAR® Program—Labeling and Residential Branch. The contract has a value of $36.5 million and a term of five years.
“ICF has successfully supported the ENERGY STAR program for nearly two decades,” said Michael Mernick, senior vice president for ICF International. “Our team of energy experts is at the forefront of creative energy solutions, and we are excited to bring our collective talent together again to support the EPA on this critical national initiative.”
“ENERGY STAR is the trusted, government-backed symbol for energy efficiency. We are pleased to continue to contribute to the program and support its growth in new areas,” said Robin Clark, senior vice president for ICF International and the contract’s program manager.
The ICF team will be tasked with a number of crucial responsibilities, including providing EPA with specification development, research and analysis, sales and marketing strategies, media marketing, software and electronic information development, program integrity support, program evaluation, administration, and management support for the ENERGY STAR program.
The purpose of ENERGY STAR is to protect the environment, primarily through reductions in energy use, by identifying and labeling products and residential buildings in the marketplace which are significantly more energy efficient. The long term goal of ENERGY STAR is to help effect market transformation that will sustain the purchase and use of increasing levels of energy efficient products indefinitely.
About ICF International
ICF International (NASDAQ:ICFI) partners with government and commercial clients to deliver professional services and technology solutions in the energy, environment, and transportation; health, education, 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 lifecycle, 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 3,700 employees serve these clients worldwide. ICF's website is http://www.icfi.com.
Caution Concerning Forward-looking Statements
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.