ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has been awarded a contract to support the energy efficiency portfolio of a major U.S. utility. The contract has a value of $13.5 million and a term of 30 months. Approximately half of the contract value is associated with new programs, and half associated with recompeted programs.
Through this contract, ICF will promote increased energy efficiency in the residential market by implementing programs that promote high efficiency HVAC systems, support energy audit and weatherization activities, and provide energy efficiency services to low-income customers. ICF will also provide marketing support, program design, energy efficiency call management, processing of rebate applications, and related services.
“We are thrilled that this major U.S. utility desires to expand its long-standing relationship with ICF, and will be providing significant economies of scale to our client as they continue to consolidate programs under the ICF roof,” said David Pickles, senior vice president for ICF International.
ICF offers results and solutions to a broad range of clients in the energy industry worldwide, and the company has advised both private and public sector clients in all facets of the energy industry for more than 30 years. ICF is a leader in designing and implementing effective and innovative strategies.For More Information 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.
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