EPA Awards ICF $30 Million in Environmental Services

Rhea-AI Summary

The U.S. Environmental Protection Agency has awarded ICF a new five-year contract worth up to $30 million. This IDIQ contract enhances environmental support by expanding services to Region 5 with an additional $5 million from a prior agreement. ICF will provide technical, analytical, and quality assurance services for EPA programs, including Superfund and waste management. The company's consistent delivery of reliable data and analyses is expected to help the EPA achieve its environmental protection goals.

Positive

• Awarded a five-year contract valued at up to $30 million.
• Expanded services to Region 5 from the previous contract, adding $5 million.
• Continued partnership with the EPA to support critical environmental programs.

Negative

• None.

FAIRFAX, Va., March 15, 2021 /PRNewswire/ -- The U.S. Environmental Protection Agency recently awarded global consulting and digital services provider ICF (NASDAQ: ICFI) a new five-year, single-award indefinite delivery, indefinite quantity (IDIQ) contract valued up to $30 million to provide technical, analytical and quality assurance support to inform the agency's decisionmaking process. The scope of work includes continued services to Regions 3 and 9 and was expanded by $5 million from the previous contract to include services to Region 5.

ICF will provide laboratory, field and quality assurance support to help EPA identify, assess, regulate and remediate environmental hazards for various agency programs such as Superfund, hazardous and non-hazardous waste, air and water, among others. This includes performing analytical and field support services, data review and validation, technical information and electronic data transfers and other support functions.

"ICF has consistently delivered high-quality analyses and reliable data to help the agency meet the ever-changing needs of its programs," said Jennifer Welham, ICF senior vice president and health sciences and human services lead. "We look forward to providing exceptional quality assurance services that support EPA's critical mission of protecting human health and the environment."

ICF's environmental consultants help clients protect natural resources and meet regulatory requirements. The company offers integrated technical, policy and regulatory expertise that guides clients in developing and implementing programs to successfully assess and clean up contaminated sites. Read more about ICF's environment and contaminated site services. 

About ICF

ICF is a global consulting services company with over 7,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.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; our ability to acquire and successfully integrate businesses; and the effects of the novel coronavirus disease (COVID-19) and related federal, state and local government actions and reactions on the health of our staff and that of our clients, the continuity of our and our clients' operations, our results of operations and our outlook. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements THAT 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.

Contact: Lauren Dyke, lauren.dyke@ICF.com, +1.571.373.5577

View original content to download multimedia:http://www.prnewswire.com/news-releases/epa-awards-icf-30-million-in-environmental-services-301247425.html

SOURCE ICF

FAQ

What is the value of the contract awarded to ICF by the EPA?

The contract awarded to ICF by the EPA is valued at up to $30 million.

How long is the contract awarded to ICF by the EPA?

The contract awarded to ICF by the EPA is a five-year contract.

What new services are included in ICF's contract with the EPA?

ICF's contract with the EPA includes expanded services to Region 5 and support for various environmental programs.

What types of support will ICF provide under its new EPA contract?

ICF will provide technical, analytical, and quality assurance support for environmental hazard assessment and remediation.