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ICF International Awarded US$2.6 Million Contract with the Transportation Research Board

Research Project to Create an Integrated, Systems-Oriented Decision-Making Process for Highway Transportation Needs Assessment and Investments

Fairfax, Virginia, February 26, 2007 - ICF International (Nasdaq: ICFI) announced today that it was awarded A Framework for Collaborative Decision-Making on Additions to Highway Capacity, a new three-year, US$2.6 million contract with the Transportation Research Board (TRB), Strategic Highway Research Program 2 (SHRP 2). SHRP 2 is designed to advance highway performance and safety for U.S. highway users. 

“Building new roads is difficult and controversial, but with congestion costing the nation over US$60 billion per year, improvements to our nation’s highway capacity are needed. We are excited to use our broad knowledge and experience in transportation decision-making to support TRB with the development of a more integrated decision-making framework that can help to deliver needed and better highway investments in a more timely manner,” said Janet D’Ignazio, vice president at ICF and expert in transportation.

“This project will leverage the most inventive and successful collaborative approaches for providing new highway capacity. By building a framework based on proven innovations, we expect to help TRB create a national model that will truly improve the quality and timeliness of decisions about new highway capacity, while protecting and enhancing our communities, environment, and quality of life,” said Sergio Ostria, senior vice president at ICF and director of the firm’s environment, transportation, and regulation services.

Under this research project, ICF will develop and use case studies of capacity improvement projects nationally (and potentially internationally) to identify best practices, successes, and challenges to collaborative decision-making. The project will also include an in-depth analysis of the process and supporting technology for solutions screening. Solutions screening is the critical point in decision-making when the effects of adding new capacity must be balanced with community and environmental goals in order to identify the best integrated solution.


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.

 

For Immediate Release
Contact:
Douglas Beck
1.703.934.3820

 

 

This document may contain “forward-looking statements”—that is, statements related to future—not past—events, plans, and prospects. In this context, forward-looking statements may address matters such as our expected future business and financial performance, and often contain words such as “guidance,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For ICF, particular uncertainties that could adversely or positively affect the Company’s future results include: risks related to the government contracting industry, including possible changes in government spending priorities; risks related to the Company’s business, including its dependence on contracts with U.S. Federal Government agencies and departments and continued good relations, and being successful in competitive bidding, with those customers; performance by ICF and its subcontractors under a major contract with the State of Louisiana, Office of Community Development; uncertainties as to whether revenues corresponding to the Company’s contract backlog will actually be received; strategic actions, including the ability to make acquisitions and the performance and future integration of acquired businesses; risk associated with operations outside the United States; 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.


 

Contact us via e-mail at info@icfi.com Contact us by phone at 1.703.934.3603