Senior Economist and Colleagues Join Firm to Enhance
Global
Water Utilities and Markets Services
London, UK, 24 October 2005 - ICF Consulting announced
today that Dr. Scott Reid and several colleagues have joined
the firm to manage its global
services to water utilities and provide water policy support to governments. Dr. Reid
has more than ten years of experience related to regulatory
economics issues in the water sector. Dr. Reid has consulted
extensively with water executives, policymakers, and regulators.
Earlier in his career, he was employed by the UK water
regulator, Ofwat, and the University of Edinburgh. Dr.
Reid and his colleagues will establish a water markets
consultancy for ICF Consulting.
"Dr. Scott Reid is a widely respected and experienced
regulatory economist. He has worked extensively with regulated
private sector water utilities in the United Kingdom and
public sector water regulators in areas such as tariff development,
business and investment planning, price setting, efficiency
analysis, cost benefit analysis, and competition," says
Sudhakar Kesavan, Chief Executive Officer of ICF Consulting.
"The UK has been a leader in water market reform. The cutting-edge
experience that Scott and his team of water experts bring
will help us meet our objective of leveraging our international
qualifications in water economics, policy, efficiency, and
security," says Mr. Kesavan.
"Governments across the globe are increasingly focused
on both changing the way water utility services are provided
and the way in which those services are monitored and regulated,"
says Abyd Karmali, Managing Director of ICF Consulting’s
European operations. "We offer a unique set of skills
to clients, governments, regulators, utility companies, and
financial institutions alike who are responding to the challenges
and opportunities brought about by reforms to utility sectors,
specifically water and wastewater." says Mr. Karmali.
"We are tremendously excited to be bringing our expertise
and experience to ICF Consulting," says Scott Reid. "Many
challenges lie ahead for water markets and their regulation
all over the world—from creating better regulatory
frameworks and approaches to meeting new environmental standards
in the most cost-effective way, securing stable financial
frameworks for new investment, and ensuring the reliability
and security of essential infrastructure services. We look
forward to assisting ICF Consulting’s clients in meeting
these challenges in new and innovative ways," says
Scott Reid.
Since the early 1980s, ICF Consulting has provided water
resource management consulting services on a broad range
of issues. ICF Consulting understands the complex challenges
in managing water resources and specializes in:
The addition of
Dr. Reid and his team of water experts will further enrich
these already extensive capabilities in water issues.
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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 1,800 employees serve these clients worldwide. ICF’s Web site is http://www.icfi.com.
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For Immediate Release
United Kingdom Contact: Abyd
Karmali
Tel: 44 (0) 20.7092.3005
United States Contact: Douglas
Beck
Tel: 1.703.934.3820
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