ICF to Support Low Emissions Asian Development
FAIRFAX, Va.--(BUSINESS WIRE)--ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has won a new contract with the U.S. Agency for International Development (USAID) Regional Development Mission for Asia to support the Low Emissions Asian Development (LEAD) program. The contract has a value of $21.5 million and a term of five years.
The scope of ICF's work will be to help Asian governments, businesses, and others develop and strengthen the policies, institutions, resources, and skills needed for sustained low emissions development. The program will also help governments prepare national greenhouse gas inventories-detailed reports summarizing total carbon emissions from all major economic sectors. LEAD also aims to expand carbon market investment in Asia by working with the private sector to prepare corporate inventories and participate in these markets. The program will promote regional knowledge sharing and experiences, and ultimately build a cadre of local experts for carbon accounting services.
"ICF is poised to support USAID and other clients in delivering integrated, proven strategies for lowering emissions," said David Hathaway, vice president for ICF International. "ICF is honored to support the LEAD program, which allows us to share a considerable body of accumulated expertise with USAID's partners in up to 11 Asian countries and to continue our longstanding relationship with USAID. We've played an active role in the international response to issues of climate change and the reducing of emissions for the past two decades, focusing initially in the U.S., and more recently throughout the world as we've grown our international offices and capabilities."
"The LEAD project is key to focusing ICF's strategy on global markets in the areas of health, energy, and environment," said ICF International Chairman and Chief Executive Officer Sudhakar Kesavan. "We offer to our clients worldwide a great wealth of experience in these fields and we look forward to working with them to achieve positive outcomes as we address some of the most important issues facing the world today."
For more information:
- ICF Health: http://www.icfi.com/health
- ICF Energy: http://www.icfi.com/energy
- ICF Environment: http://www.icfi.com/environment
- ICF Climate: http://www.icfi.com/climate
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 http://www.icfi.com.
About USAID
The United States Agency for International Development has been the principal U.S. agency extending foreign assistance since 1961. In Asia, USAID programs address many problems that cross national boundaries, such as human and wildlife trafficking, HIV/AIDS and infectious diseases, global climate change, natural resources conservation, food security, trade, and political and economic conflict. For more information, visit www.usaid.gov.
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.
Contacts
ICF International
Steve Anderson, +1-703-934-3847
steve.anderson@icfi.com