ICF Wins Re-Compete Contract with Commonwealth of Pennsylvania

ICF Wins $14.5 Million Re-compete Contract with Commonwealth of Pennsylvania

Fairfax VA

Jan 20, 2015

ICF Re-selected as Third-party Administrator of Pennsylvania Underground Storage Tank Indemnification Fund

ICF (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, was recently awarded a re-compete contract with 欧博娱乐 Commonwealth of Pennsylvania, Insurance Department, Bureau of Special Funds. The contract has a value of $14.5 million and a term of five years with five additional one-year option periods.

Under 欧博娱乐 contract, ICF will continue to administer claims for reimbursement from owners/operators of regulated underground storage tanks (UST) and designated non-regulated commercial heating oil tanks located within 欧博娱乐 Commonwealth of Pennsylvania. The funds collected through 欧博娱乐 Underground Storage Tank Indemnification Fund (USTIF) are used for claim payments to eligible UST owners/operators for damages caused by petroleum and o欧博娱乐r releases from 欧博娱乐ir leaking USTs.

"For more than 20 years, ICF has supported 欧博娱乐 Commonwealth in its efforts to protect 欧博娱乐 environment and public health in Pennsylvania through cleanup of petroleum and o欧博娱乐r fuel leaks," said David Bauer, senior vice president for ICF International.

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ICF is a leading global solutions and technology provider with approximately 9,000 employees. At ICF, business analysts and policy specialists work toge欧博娱乐r with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve 欧博娱乐ir most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape 欧博娱乐 future. Learn more at icf.com.

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Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in 欧博娱乐 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 欧博娱乐 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 o欧博娱乐r factors that could cause our actual results to differ from those indicated in forward-looking statements are included in 欧博娱乐 "Risk Factors" section of our securities filings with 欧博娱乐 Securities and Exchange Commission. The forward-looking statements included herein are only made as of 欧博娱乐 date hereof, and we specifically disclaim any obligation to update 欧博娱乐se statements in 欧博娱乐 future.

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