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EPA Selects ICF for $5.7 Billion Environmental and Climate Support BPA

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ICF has been awarded one of six prime contracts under the EPA's new Environmental, Analytical, Research, Technical, and Hybrid (EARTH) Support Services BPA. This five-year agreement has a total ceiling value of $5.7 billion, with $700 million designated for professional services. ICF will leverage its extensive expertise in climate, energy, and environmental policy to support the EPA's Office of Air and Radiation in achieving climate and air quality goals. The partnership aims to enhance effective management of large federal programs.

Positive
  • Awarded one of six prime contracts under the EPA's EARTH Support Services BPA.
  • The BPA has a total ceiling value of $5.7 billion, indicating significant business potential.
  • $700 million allocated specifically for professional services enhances revenue opportunities.
  • ICF's long-standing partnership with the EPA exemplifies its proven expertise and reliability.
Negative
  • None.

Company Awarded One of Six Prime Contracts in the Large Business Category

FAIRFAX, Va., Aug. 24, 2022 /PRNewswire/ -- The U.S. Environmental Protection Agency (EPA) recently selected global consulting and digital services provider ICF (NASDAQ: ICFI) as an awardee under the new multiple-award Environmental, Analytical, Research, Technical, and Hybrid (EARTH) Support Services blanket purchase agreement (BPA) to provide a broad range of environmental consulting services to the Office of Air and Radiation (OAR). 

ICF was awarded one of six prime contracts on the BPA in the large business category. The five-year BPA has a ceiling value of $5.7 billion across all awardees, with $700 million of the award allocated for professional services.

To support the EARTH BPA, ICF will bring its expertise in climate, energy and environmental policy and regulation, as well as research, data analysis and modeling; marketing, engagement and communications; and more. The company will also bring proven approaches to effectively managing large and complex federal programs.

"ICF is one of OAR's longest-standing climate partners with nearly five decades of experience helping them achieve their climate and air quality goals," said Anne Choate, executive vice president for energy, environment and infrastructure. "We look forward to continuing to support OAR in developing programs and policies designed to address climate change and control air pollution and radiation exposure across U.S. communities."

ICF has supported many of EPA's flagship climate programs since their inception, including the annual Inventory of U.S. Greenhouse Gas Emissions and Sinks, the ENERGY STAR® program and the American Innovation and Manufacturing Act.

Home to one of the world's largest science-based climate consultancies, ICF's 2000+ climate, energy and environment experts work full time to help organizations use their resources more efficiently, reduce costs and accelerate mission accomplishment. The company works with business, government and nonprofit organizations to design and implement programs and policies that drive low-emission transitions and build resilience against the effects of climate change.

Read more about ICF's environment and climate services and insights through the ICF Climate Center.

About ICF

ICF is a global consulting services company with approximately 8,000 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

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SOURCE ICF

FAQ

What contract was awarded to ICF by the EPA?

ICF was awarded one of six prime contracts under the EPA's EARTH Support Services BPA.

What is the total value of the BPA awarded to ICF?

The total ceiling value of the BPA is $5.7 billion.

How much of the BPA is allocated for professional services?

There is $700 million allocated for professional services in the BPA.

What kind of services will ICF provide under the BPA?

ICF will provide environmental consulting services to the EPA's Office of Air and Radiation.

What is ICF's experience with the EPA?

ICF has nearly five decades of experience supporting the EPA in climate and air quality goals.

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