Work Expands to Include Hazard Mitigation
Services
RESTON,
Va., Aug. 7, 2023 /PRNewswire/ -- ICF
(NASDAQ:ICFI), a global consulting and technology services
provider, was recently awarded a multiple-award, recompete contract
by the Government of Puerto Rico's
Public Private Partnership Authority (P3) to provide disaster
recovery project development services. The contract, which is
administered by the Central Office for Recovery, Reconstruction and
Resiliency (COR3), was also expanded to include hazard mitigation
program services. It has a value of $24
million and a term of three years, including a one-year base
and two one-year options.
ICF will bring expertise in disaster management and leading-edge
technologies to provide program administration and technical
assistance support to assist COR3 in dispersing Federal Emergency
Management Agency (FEMA) Public Assistance and Hazard Mitigation
Grant Program funds as quickly as possible.
These technologies include integrated remote sensing with
artificial intelligence for efficient damage documentation;
digitized data collection for quicker, more accurate data analysis;
and ICF's cloud-based, end-to-end grant management solution
disasTRAX for centralized project management and reporting.
"Puerto Ricans have suffered through multiple natural disasters
which have devastated their homes, crippled the island's
infrastructure, and caused major disruption to their livelihoods,"
said Anne Choate, ICF executive vice president for energy,
environment and infrastructure. "ICF has worked with COR3 since
2018 on nearly 13,000 projects obligating over $31 billion in FEMA funding. Our Puerto Rican-led
teams are committed to rebuilding Puerto
Rico in a way that protects the island and its residents
from the impacts of future disasters."
ICF's local team consists of over 90% local Puerto Ricans and
staff living on the island, many of whom were personally impacted
by hurricanes Maria and Irma. The company is invested in building
local industry acumen, so recovery efforts continue to be a Puerto
Rican-led effort.
ICF supports communities across the disaster management
lifecycle and is an established leader in end-to-end mitigation
services—from assessment to public engagement and planning through
implementation. Having been on the ground for nearly every major
disaster in relevant U.S. history, ICF's community-based teams have
processed hundreds of thousands of applications and compliantly
distributed over $12 billion to
property owners.
Read more about ICF's efforts to help rebuild in Puerto Rico, and its disaster management
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), or any
other future pandemic, and related national, 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
