ICF Wins Contract with Total Potential Value of up to $9.1 million to Help
European Commission Stimulate Employment
FAIRFAX, Va. -- September 9, 2013
ICF International (NASDAQ:ICFI), a leading provider of consulting services and
technology solutions to government and commercial clients, has been awarded a
new contract to establish the European Employment Policy Observatory (EEPO).
The one-year contract, awarded to London-based ICF GHK, has a value of up to
$2.3 million over 12 months and can be extended for a further three years,
with a total potential value of up to $9.1 million.
In setting up the EEPO, ICF GHK will:
*establish and manage a network of experts across Europe who will offer
in-depth knowledge and expertise on labor market skills and employment
issues, country specific conditions and policy and program interventions
to stimulate jobs and reduce unemployment.
*coordinate the preparation of a series of analytical reports on key labor
market issues to help inform policy making and practice.
*develop and implement a communication strategy to optimize the
distribution and dissemination of emerging evidence.
Eleanor Breen, vice president for ICF International, added: “We are delighted
to have the opportunity to set up the European Employment Policy Observatory.
It will play a key role in providing labor market intelligence to support the
European Commission and European nations in the effective design and delivery
of policies to stimulate job growth, reduce unemployment and assist jobseekers
into sustainable employment.”
Jeanne Townend, executive vice president for ICF International said: “We are
honored to have been selected to carry out such important and meaningful work
for the European Commission and look forward to playing our part in helping to
support employment growth across Europe.”
The EEPO provides country specific policy assessment and thematic monitoring
at the European Union level linked to the goals of the European Employment
Strategy. It also supports the creation of evidence based policy making on
employment and labor mobility, and supports monitoring and evaluating
practices of employment services, including their assessment of return on
About ICF International
ICF International (NASDAQ:ICFI) partners with government and commercial
clients to deliver professional services and technology solutions in the
energy, environment, and infrastructure; health, social programs, and
consumer/financial; and public safety and defense markets. The firm combines
passion for its work with industry expertise and innovative analytics to
produce compelling results throughout the entire program lifecycle, 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 4,500 employees serve these clients from
more than 60 offices worldwide. ICF's website is http://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 ICF’s
current expectations about its future results, plans, operations and prospects
and involve certain risks, including those related to the government
contracting industry generally; ICF’s particular business, including its
dependence on contracts with U.S. federal government agencies; and its ability
to acquire and successfully integrate businesses. These and other factors that
could cause ICF’s actual results to differ from those indicated in
forward-looking statements are included in the "Risk Factors" section of ICF’s
securities filings with the Securities and Exchange Commission. The
forward-looking statements included herein are only made as of the date
hereof, and ICF specifically disclaims any obligation to update these
statements in the future.
ICF International (U.S.)
Steve Anderson, +1-703-934-3847
ICF International (Europe)
Matt Graydon, +44 .207.611.0804
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