ICF Will Compete for Up to $50 Million in Risk Management and Mitigation Services
ICF (NASDAQ:ICFI), a consulting and technology services provider to government and commercial clients around the world, was selected by the U.S. Agency for International Development (USAID) as one of four awardees for its Climate Integration Support Facility (CISF) blanket purchase agreement (BPA).
“The CISF creates an important opportunity to address the stresses that changing environmental conditions can place on the economies of developing nations and the health and well-being of their people,” said Peter Schultz, vice president for ICF. “ICF is thrilled to bring its award-winning climate expertise to help protect overseas investments, create opportunities to increase resilience in developing countries and help partner countries cope with climate impacts.”
ICF combines in-depth understanding of USAID’s major sectors with wide-ranging international development and climate expertise to help the agency meet its program goals. ICF will help developing countries address rapidly evolving, climate-related challenges of the 21st century that affect the quality of life of their citizens.
The CISF has a ceiling of $50 million and a term of five years. It is broad in scope and can be accessed by USAID offices, bureaus and missions worldwide in three main areas: support for missions and bureaus; capacity building, communications and knowledge management; and learning and thought leadership. It can be used to support adaptation, clean energy and sustainable landscapes programming.
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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 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.
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 the effects of the novel coronavirus disease (COVID-19) and related federal, state and local government actions and reactions on the health of our staff and that of our clients, the continuity of our and our clients' operations, our results of operations and our outlook. 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.
