Work Will Extend Repair/Reconstruction Efforts and Build
Community Resilience Across the Island
RESTON,
Va., Jan. 30, 2023 /PRNewswire/ -- The Puerto
Rico Department of Housing (PRDOH) recently awarded global
consulting and technology services provider ICF (NASDAQ:ICFI) a new
$51 million contract to support the
commonwealth's single-family disaster recovery and mitigation
programs. The contract has a term of three years, with an option to
extend for an additional 24 months.
Under the contract, ICF will expand its implementation support
of PRDOH's Community Development Block Grant for Disaster Recovery
(CDBG-DR) and Community Development Block Grant for Mitigation
(CDBG-MIT) grant programs to repair and rebuild homes damaged by
hurricanes Irma and Maria and build resilience against future
natural disasters. It represents a significant expansion of ICF's
large and growing CDBG-MIT project portfolio.
"Our primary goals in Puerto
Rico remain unchanged: support a resilient recovery while
investing in exceptional local talent to build future capacity,"
said Andrew H. LaVanway, ICF senior
vice president for disaster management. "We, in partnership with
PRDOH, are driven by results, and this award is a testament to the
ability of our team—staffed, managed and led by Puerto Ricans—to
get families back into safe, resilient homes."
ICF has successfully managed recoveries for the largest and most
complex natural disasters in U.S. history by bringing together
best-in-class implementation, compliance, environmental review,
construction management, risk management, data reporting and grants
management experts to swiftly resolve clients' most complex
problems. The company supports communities across the disaster
management lifecycle and is an industry leader in end-to-end
mitigation services—from assessment to public engagement and
planning through implementation.
Read more about ICF's efforts to help rebuild
in Puerto Rico, and its disaster
management and climate and
resilience services.
About ICF
ICF is a global consulting and technology
services company with approximately 9,000 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.
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; 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.
Contact: Lauren Dyke,
lauren.dyke@ICF.com, +1.571.373.5577
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SOURCE ICF
