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ICF International Awarded $16 Million Energy Efficiency Contract by Major Midwest Utility

Fairfax VA | April 29, 2015

ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, was recently awarded a re-compete contract by a major Midwest utility. The contract has a value of $16.8 million and a term of 33 months. 

ICF will continue to support the utility’s energy efficiency programs, including heating, ventilation and air conditioning (HVAC); Home Performance with ENERGY STAR®; and insulation and windows residential programs with a full suite of implementation services, including marketing, call center and rebate processing, IT, data tracking and reporting. 

In addition, in the coming months the utility will launch its new ICF-developed HVAC rebate application to participating contractors. The application will allow for verification of HVAC installations as well as test to ensure that all systems are installed with operational efficiency. This will help streamline incentive processing and drive down administrative costs to the utility and its contractors. 

"By using innovative strategies such as data analytics and ICF’s proprietary rebate processing tool to target customers likely to participate in its programs, we have helped our client not only reduce overall marketing and operational costs but yield greater participation in its incentive programs," said Wendy Jaehn, vice president for ICF International. "We are thrilled to continue to help our client deliver creative and cost-effective approaches to incentivize energy efficiency products and services for its residential customers."

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About ICF

ICF (NASDAQ:ICFI) is a global consulting and technology services provider with more than 5,000 professionals focused on making big things possible for our clients. We are business analysts, policy specialists, technologists, researchers, digital strategists, social scientists and creatives. Since 1969, government and commercial clients have worked with ICF to overcome their toughest challenges on issues that matter profoundly to their success. Come engage with us at icf.com.

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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.

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