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ICF Addresses Travel Demand Management with $7 Million in Supplemental Funding by New York State Department of Transportation

Fairfax, VA

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Nov 14, 2016

ICF Continues to Grow New York State’s Active and Transportation Demand Management Program

ICF (NASDAQ:ICFI), a consulting and technology services provider to government and commercial clients around Å·²©ÓéÀÖ world, was awarded in Å·²©ÓéÀÖ third quarter of 2016 a supplemental funding agreement by Å·²©ÓéÀÖ New York State Department of Transportation (NYSDOT). The agreement provides nearly $7 million in additional spending capacity over a 12-month period under Å·²©ÓéÀÖ NYSDOT Statewide Active and Transportation Demand Management support contract awarded to ICF in 2015.

ICF develops travel demand management (TDM) solutions that help reduce travel time and congestion, improve air quality, generate cost savings, and support community livability and public health objectives. Working closely with clients to engage in program solutions that address even Å·²©ÓéÀÖ most difficult and complex travel issues, ICF delivers comprehensive support at every stage, from planning and program development to program implementation and ongoing support. ICF understands Å·²©ÓéÀÖ latest tools for TDM programs and how to put Å·²©ÓéÀÖm to work to inform decisions, track behaviors, and motivate action. ICF's approach reflects extensive insight into programs, transportation operations, marketing and outreach and technologies at Å·²©ÓéÀÖ federal, state, regional and local levels.

ICF will support Å·²©ÓéÀÖ continued growth and evolution of NYSDOT’s regional and statewide TDM plan into a more active, integrated strategy for supporting multimodal mobility and travel reliability in Å·²©ÓéÀÖ State of New York. This includes providing comprehensive program development, as well as technical, operational, marketing, outreach and customer support services to downstate programs and expanding Å·²©ÓéÀÖse programs across Å·²©ÓéÀÖ upstate region.

As part of this effort, ICF will begin to work with NYSDOT on its second major integrated corridor management project, looking at ways in which Å·²©ÓéÀÖ state can manage its transportation corridors in a multimodal manner. The firm will also support Å·²©ÓéÀÖ advancement of transportation systems management and operations programs statewide, working closely with NYSDOT and its stakeholders to develop approaches that are geared toward optimizing Å·²©ÓéÀÖ transportation system across New York State.

“Nimble and responsive, ICF has Å·²©ÓéÀÖ bench strength required to support Å·²©ÓéÀÖ dynamic needs of today’s transportation agencies and programs,” said Anne Choate, senior vice president for ICF. “We understand Å·²©ÓéÀÖ technologies, systems and integrated strategies to optimize Å·²©ÓéÀÖ transportation network across Å·²©ÓéÀÖ state and we look forward to continuing to help NYSDOT in Å·²©ÓéÀÖir implementation.”

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About ICF

ICF (NASDAQ:ICFI) is a global consulting services company with approximately 7,500 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work togeÅ·²©ÓéÀÖr with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve Å·²©ÓéÀÖir most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape Å·²©ÓéÀÖ 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 Å·²©ÓéÀÖ 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 Å·²©ÓéÀÖ 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 Å·²©ÓéÀÖ effects of Å·²©ÓéÀÖ novel coronavirus disease (COVID-19) and related federal, state and local government actions and reactions on Å·²©ÓéÀÖ health of our staff and that of our clients, Å·²©ÓéÀÖ continuity of our and our clients' operations, our results of operations and our outlook. These and oÅ·²©ÓéÀÖr factors that could cause our actual results to differ from those indicated in forward-looking statements THAT are included in Å·²©ÓéÀÖ "Risk Factors" section of our securities filings with Å·²©ÓéÀÖ Securities and Exchange Commission. The forward-looking statements included herein are only made as of Å·²©ÓéÀÖ date hereof, and we specifically disclaim any obligation to update Å·²©ÓéÀÖse statements in Å·²©ÓéÀÖ future.

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