05.03.2010 12:00:00
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ICF International Selected for $15.7 Million HUD Contract
ICF International (NASDAQ:ICFI), through its Z-Tech Corp. subsidiary, has been awarded a five-year re-compete contract with a value of $15.7 million from the U.S. Department of Housing and Urban Development (HUD).
Under terms of the contract, ICF International will provide independent verification and validation for HUD’s information technology (IT) infrastructure support contracts. In this capacity, ICF will provide support to the HUD Office of the Chief Information Officer in evaluating vendor service delivery performance for IT infrastructure.
"This re-compete win is a great testament to the hard work and dedication of the ICF International team in its support of HUD,” said Ellen Glover, executive vice president of ICF International, who is responsible for the Z-Tech subsidiary. "ICF International is proud to provide important contract management and oversight to one of the federal government’s most successful IT outsourcing programs. We look forward to continuing to support HUD in this capacity for the next five years.”
ICF International, through its subsidiary Z-Tech, has supported HUD in the oversight of its IT infrastructure environment since November 2003.
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 www.icfi.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; 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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