ICF International (NASDAQ:ICFI), a leading provider of professional services and technology-based solutions to government and commercial clients, was recently awarded two new on-call contracts by the State of California Department of Transportation (Caltrans). The contracts have a combined maximum value of $16.1 million and each has a term of four years.
The first contract supports Caltrans District 1 and has a maximum value of $10 million; the second supports Caltrans Districts 2 and 3 has a maximum value of $6.1 million. Under both agreements, ICF will provide a wide range of on-call environmental services to support Caltrans’ North Region in the maintenance, development and construction of its proposed transportation facilities.
Specific tasks include assisting Caltrans with the preparation and processing of documents and supporting technical studies to ensure compliance with the National Environmental Policy Act (NEPA), the California Environmental Quality Act (CEQA) and other environmental requirements, providing regulatory permitting and project mitigation planning services and conducting construction-phase monitoring.
ICF’s significant presence in Northern California, depth of technical talent and breadth of staff capabilities will enable the firm to mobilize large field efforts quickly and efficiently within the tight timelines anticipated for task orders under these contracts. In addition, ICF’s strong process management and strategy expertise will play an important role in helping the Caltrans Districts navigate the high concentration of complex regulatory processes and challenges presented by some of their projects.
“ICF has a long history with the North Region and we have provided varying levels of environmental services support to Caltrans as a whole since 1998,” said David Freytag, senior vice president for ICF International. “The selection of ICF for these two North Region contracts in addition to our current on-call services support to the Central Region (Districts 5 and 10), Southern California (Districts 7, 8 and 11), as well as Caltrans Headquarters on policy, training and guidance continues to solidify our position as a leader in environmental services within the state and across the Northwest region of the United States.”
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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.
