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ICF Awarded $13.6 Million Energy Efficiency Contract from Con Edison

FAIRFAX, Va.--(BUSINESS WIRE)--May 10, 2017-- ICF (NASDAQ:ICFI), a consulting and technology services provider to government and commercial clients around the world, has won a contract to assist Con Edison with its residential energy efficiency programs.

The contract between ICF and Con Edison, the energy company that serves New York City and Westchester County, New York, was awarded in the first quarter and is valued at $13.6 million for three years.

ICF will work with Con Edison to plan, design and market the programs, which help Con Edison customers make energy-saving upgrades to their homes. The company will also provide Con Edison with detailed analytics, call center support and information technology services. Con Edison’s residential energy efficiency programs include incentives for upgrades to HVAC, lighting, appliances and smart thermostats.

“With this win, ICF is working in every sector of New York State’s energy efficiency market, implementing residential, small business and commercial programs in the New York City area and upstate,” said Mike Mernick, senior vice president for ICF. “ICF brings a strong market transformation perspective, making us the ideal partner to help Con Edison work with its residential customers to reduce their energy usage and bills.”

ICF has worked with Con Edison on its residential, small business, commercial and industrial and multi-family energy efficiency programs for more than 10 years.

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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.

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.

Source: ICF

ICF
Erica Eriksdotter, +1.703.934.3668
erica.eriksdotter@icf.com

Some of the information on this Web site and the documents within it may contain forward-looking statements regarding future events or the future financial performance of the Company. Any forward-looking statement speaks only as of the date made. We undertake no obligation to update any forward-looking statements to reflect events or circumstances arising after the date on which they are made. We refer you to the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q on file with the U.S. Securities and Exchange Commission (SEC). These documents identify important factors that could cause the actual results to differ materially from those contained in our forward-looking statements.

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