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ICF INTERNATIONAL, INC.

(ICFI)
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ICF International, Inc. : ICF International Awarded $23.5 Million Multiple-Award Contract with U.S. Environmental Protection Agency

08/20/2012 | 07:05am EDT

ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has been awarded a multiple-award re-compete contract by the U.S. Environmental Protection Agency (EPA) to provide technical and outreach support services for the Climate Change Division (CCD). The contract has a ceiling of $23.5 million for all task orders awarded to ICF and a term of five years.

Under this contract, ICF will support EPA's CCD across a range of activities, including analysis and development of climate change science, economics, technology and policy; development of and capacity building for greenhouse gas (GHG) inventories; and outreach, communications, education, and logistical support.

"Over the next five years, EPA's programs will continue to shoulder heavy responsibilities of national and global significance as the agency works to further reduce GHG emissions and take actions that help communities and ecosystems become more resilient to the effects of climate change. ICF has amassed the multidisciplinary capabilities needed to support CCD across its programs worldwide. As U.S. and non-U.S. climate policies evolve under the Clean Air Act, GHG Reporting Program, New Source Performance Standards, and other initiatives, ICF has the unique capability to support CCD in every dimension," said Randy Freed, senior vice president for ICF International.

"ICF has continuously supported EPA on this work since 1992. From the very beginning of EPA's climate change work, ICF has played an integral role in developing and implementing its programs, starting with development of the U.S. GHG inventory that is submitted annually to the United Nations Framework on Climate Change. We are proud that EPA continues to entrust us to support its programs around the world," said Diana Pape, vice president for ICF International.

For More Information

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 infrastructure; health, social programs, and consumer/financial; and public safety 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 4,500 employees serve these clients from more than 50 offices 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.

ICF International
Erica Eriksdotter, +1-703-934-3668
erica.eriksdotter@icfi.com


ę Business Wire 2012
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Financials (USD)
Sales 2021 1 571 M - -
Net income 2021 77,7 M - -
Net Debt 2021 176 M - -
P/E ratio 2021 21,5x
Yield 2021 0,69%
Capitalization 1 672 M 1 672 M -
EV / Sales 2021 1,18x
EV / Sales 2022 1,06x
Nbr of Employees 7 500
Free-Float 77,0%
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Number of Analysts 6
Last Close Price 88,64 $
Average target price 111,80 $
Spread / Average Target 26,1%
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Managers and Directors
John M. Wasson Chairman, President & Chief Executive Officer
Bettina Garcia Welsh Chief Financial Officer & Senior Vice President
John M. George Chief Information Officer & Senior Vice President
James C. M. Morgan Chief-Business Operations
Robert F. Toth Senior Vice President-Contracts & Administration
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