Firm to Help Implement USDA Rural Development, Rural Utilities
Service Program
ICF Incorporated, LLC, a subsidiary of ICF International (NASDAQ:ICFI),
announced today the award of a new, multi-year contract valued at up to
$27 million with the U.S. Department of Agriculture (USDA) Rural
Development, Rural Utilities Service (RUS). Under this contract, the ICF
team will support the RUS Broadband Initiatives Program, a part of the
American Recovery and Reinvestment Act of 2009.
The ICF team will support the Broadband Initiatives Program with program
administration, application processing, post-award monitoring, program
reporting, communications and outreach, and technical assistance. The
team will begin immediately by setting up the application review process
to assist the RUS in making timely awards.
“We are mobilizing our experience in a wide variety of areas, including
rapid program deployment, broadband technologies, and federal lending
procedures, to support the provision of this critical infrastructure for
rural America,” stated Andrew Zehe, ICF Principal and Program Manager
for this effort.
“ICF is proud of its long record of assisting USDA’s rural development
efforts, and we are pleased to play a role in extending broadband access
to unserved rural communities,” stated Eric Oetjen, Senior Vice
President for Community Development. “We look forward to helping fulfill
what President Obama’s Administration has termed a ‘down payment’ toward
reaching America’s broadband goal.”
About ICF International
ICF International (NASDAQ:ICFI) partners with government and commercial
clients to deliver professional services and technology solutions in the
energy and climate change; environment and infrastructure; health, human
services, and social programs; and homeland security and defense
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 research and analysis through
implementation and improvement. Since 1969, ICF has been serving
government at all levels, major corporations, and multilateral
institutions. More than 3,500 employees serve these clients worldwide.
ICF’s Web site is 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 annual report on Form 10-K for the fiscal year ended December 31,
2008 and our other 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
Douglas Beck, +1-703-934-3820
dbeck@icfi.com
