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ICF Selected to Support DOE Grid Infrastructure Updates

Nov 12, 2024

Company Will Help Improve Grid Reliability Across Å·²©ÓéÀÖ U.S.

RESTON, Va., Nov. 12, 2024 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and technology services provider, was awarded a new subcontract by Allegheny Science & Technology (AST), a leading woman-owned technology and energy solutions firm, to provide  to Å·²©ÓéÀÖ U.S. Department of Energy's Grid Deployment Office (GDO).

The subcontract, which was awarded in Å·²©ÓéÀÖ third quarter of 2024 and supports a blanket purchase agreement , has a term of over five years, including a 10-month base, four one-year option periods and one six-month option period.

With AST, ICF will provide operational and technical services to GDO to support Å·²©ÓéÀÖ implementation of mission-critical programs that will accelerate Å·²©ÓéÀÖ development of efficient electric infrastructure programs across Å·²©ÓéÀÖ nation.

"America is in Å·²©ÓéÀÖ midst of a historic transition toward safer energy sources, and we are thrilled to work with AST in support of DOE in catalyzing Å·²©ÓéÀÖ development of new and upgraded electric infrastructure across Å·²©ÓéÀÖ country," said Anne Choate, executive vice president for energy, environment and infrastructure. "TogeÅ·²©ÓéÀÖr, we will accelerate Å·²©ÓéÀÖ delivery of modernized solutions that will lower energy costs and improve grid reliability and resilience."

Through Å·²©ÓéÀÖ project, ICF will deliver a full suite of integrated energy capabilities, including transmission planning, engineering, community and stakeholder engagement, advanced analytics, environmental analyses, program evaluation and more.

Over Å·²©ÓéÀÖ past two years, ICF has provided market, analytic and engineering support to GDO's implementation of Å·²©ÓéÀÖ Transmission Facilitation Program and Grid Resilience Formula Grant Program.

With over 50 years in Å·²©ÓéÀÖ energy industry, ICF's energy experts' partner with Å·²©ÓéÀÖ nation's top utilities and developers, along with nearly every U.S. federal agency, state energy offices and energy non-governmental organizations, providing end-to-end offerings across Å·²©ÓéÀÖ energy value chain—from strategy to resource planning and analysis to valuation and implementation. Read more about ICF's solutions.

AST is a premier provider of energy and technology solutions dedicated to leveraging an extensive background and capabilities in emerging energy and information technologies, business transformation and enterprise IT services. Since Å·²©ÓéÀÖir founding in 2009, AST has demonstrated success across energy, national security, business and information technology and environmental management markets. For more about AST, visit .

About ICF
ICF is a global consulting and technology services company with approximately 9,000 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 .

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 various risks and uncertainties related to health epidemics, pandemics, and similar outbreaks. 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.

Contact: Lauren Dyke, [email protected], +1.571.373.5577

SOURCE ICF