STOCK TITAN

EPA Selects ICF for $31 Million Health Risk Assessment Contract

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

ICF has been awarded an indefinite delivery, indefinite quantity (IDIQ) contract by the U.S. EPA Office of Water, valued at $31 million over five years. This recompete contract will enhance ICF's capacity to assess health risks associated with water contaminants in U.S. drinking and recreational waters. Combining its environmental health expertise with advanced data analytics and machine learning technologies, ICF aims to facilitate better understanding and decision-making around water quality. ICF has been collaborating with the EPA for nearly 30 years to improve public health and environmental safety.

Positive
  • Awarded a $31 million IDIQ contract by the U.S. EPA to assess water contaminant health risks.
  • Utilizes advanced technologies such as machine learning for efficient data processing.
  • Nearly 30-year partnership with EPA enhances credibility and experience in environmental health.
Negative
  • None.

Work Helps Protect Communities from Water Pollutants

RESTON, Va., Feb. 21, 2023 /PRNewswire/ -- ICF, a global consulting and technology services provider, was recently awarded an indefinite delivery, indefinite quantity (IDIQ) contract by the U.S. Environmental Protection Agency (EPA) Office of Water (OW) to help assess health risks of water contaminants in U.S. drinking and recreational waters. The IDIQ is a recompete contract for ICF and has a ceiling value of $31 million and a term of five years.

ICF's expanded work will further support and expedite EPA's efforts to use science to better understand the health effects of water contaminants and better protect public health and the environment.

ICF will combine its deep environmental health expertise and extensive capabilities in data analytics and visualization, as well as systematic literature review to support EPA with this critical program. The company will also bring advanced technology capabilities, such as machine learning, to more efficiently process and synthesize data so it is more accessible and action-oriented.

"ICF has a solid understanding of the effects hazardous chemicals and pathogens can have on human health, particularly on vulnerable populations such as children and environmental justice communities," said Jennifer Welham, ICF senior vice president for health, human services and workforce. "We pair this deep understanding with advanced technology capabilities that not only increase access to critical data sets, but present them in a way that adds clarity to decision-making. We look forward to building on our nearly 30-year partnership with OW to help ensure the nation's drinking and recreational waters are safe for all people."

ICF designs solutions and provides technical expertise to carry environmental health projects to completion smoothly through scientific, policy and operational challenges. The company's environment, federal health and technology experts execute human health assessments, manage complex projects, engage diverse stakeholders and more to help clients achieve their sustainability goals and drive better health outcomes within the context of their broader missions.

Read more about ICF's environment, federal health and technology services.

About ICF
ICF is a global consulting and technology services company with approximately 9,000 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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/epa-selects-icf-for-31-million-health-risk-assessment-contract-301752175.html

SOURCE ICF

FAQ

What is the value of ICF's contract with the EPA?

ICF's contract with the EPA is valued at $31 million.

How long is the duration of the contract awarded to ICF?

The contract awarded to ICF has a duration of five years.

What are ICF's responsibilities under the new EPA contract?

ICF will assess health risks of water contaminants in U.S. drinking and recreational waters.

How does ICF plan to utilize technology in this contract?

ICF will use advanced data analytics and machine learning to improve data processing and decision-making.

What is ICF's history with the EPA?

ICF has been in partnership with the EPA for nearly 30 years.

ICF International, Inc.

NASDAQ:ICFI

ICFI Rankings

ICFI Latest News

ICFI Stock Data

2.28B
18.50M
1.39%
99.55%
2.47%
Consulting Services
Services-management Consulting Services
Link
United States of America
RESTON