Company Will Provide Economic, Regulatory
and Evaluation Services
RESTON,
Va., Oct. 1, 2024 /PRNewswire/ -- The U.S.
Environmental Protection Agency (EPA) Office of Water (OW) recently
awarded a single-award blanket purchase agreement (BPA) to global
consulting and technology services provider ICF (NASDAQ:ICFI) to
provide environmental, economic, regulatory and evaluation services
to the agency's critical water programs. The recompete BPA has a
ceiling value of $75 million and a
term of five years, including a one-year base and four one-year
option periods.
ICF's economists and environmental assessors will study and
quantify the environmental and health effects, benefits, costs and
economic impacts of OW's regulatory actions. In addition, the
company will leverage cloud computing and data analytics to perform
analyses more efficiently.
Together this work will help reduce pollutants in U.S. waters,
improve drinking water quality, reduce exposure to toxics and
emerging contaminants in water, and more.
"Since 2018, ICF has supported EPA's water regulations to ensure
they are scientifically sound, economically achievable, legally
defensible and can withstand scrutiny," said Jennifer Welham, ICF senior vice president for
health, people and human services. "We look forward to continuing
our support to OW as they evaluate their next round of regulatory
actions to further improve the safety of our nation's drinking
water, watersheds and aquatic ecosystems."
ICF provided regulatory support to EPA in developing the
first-ever nationwide, legally enforceable drinking water standards
to protect communities from per- and polyfluoroalkyl substances
(PFAS), commonly known as "forever chemicals," in their drinking
water. The final rule was issued by the agency in April 2024.
For over 50 years, ICF's environmental experts—economists,
policy analysts, health and data scientists, researchers,
statisticians and more—have worked with scientific and economic
data to produce broad-based analyses that stand up to intense
scrutiny and establish a solid foundation for developing
evidence-based conclusions. A leader in data modernization, the
company combines deep domain expertise with emerging technologies,
advanced analytics and human-centered practices to deliver programs
that accelerate mission outcomes and maximize impact.
Read more about ICF's health, economic and financial
analysis and risk assessment services.
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
together with digital strategists, data scientists and creatives.
We combine unmatched industry expertise with cutting-edge
engagement capabilities to help organizations solve their most
complex challenges. Since 1969, public and private sector clients
have worked with ICF to navigate change and shape the 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 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; our
ability to acquire and successfully integrate businesses; and
various risks and uncertainties related to health epidemics,
pandemics, and similar outbreaks. These and other factors that
could cause our actual results to differ from those indicated in
forward-looking statements that 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.
Contact: Lauren
Dyke, lauren.dyke@ICF.com,
+1.571.373.5577
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SOURCE ICF
