New Jersey Extends ICF's Disaster Recovery Contract

Company to Continue Post-Superstorm Sandy Housing, Infrastructure and Economic Development Support

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Jul 26, 2018, 16:05 ET

FAIRFAX, Va., July 26, 2018 /PRNewswire/ -- The State of New Jersey's Office of Community Affairs recently awarded ICF (NASDAQ:ICFI), a global consulting and digital services provider, a one-year, contract extension to continue providing housing, infrastructure and economic development support to the state's Superstorm Sandy recovery efforts.

ICF will continue to provide a wide range of services to help the state effectively implement its Community Development Block Grant-Disaster Recovery (CDBG-DR) program in key areas including policy development, direct technical support, assistance with the administration of grants to individuals and state agencies, data analysis, reporting, resilience planning, training, communication/outreach and compliance monitoring.

ICF will also take on some additional construction management tasks to assist the state in closing out homeowner projects and helping homeowners recover from incidents of contractor fraud.

"ICF has served as a key partner in helping New Jersey move its recovery programs forward at a historically fast pace," said Andy Zehe, vice president for ICF. "We have an outstanding record of compliance with the extremely complex federal requirements surrounding CDBG-DR programs. We look forward to working with our state partners to continue to help the citizens of New Jersey in their community rebuilding efforts."

Since 2013, ICF has helped implement over 30 recovery programs across the State of New Jersey under its $4.2 billion CDBG-DR program. During this time, ICF's disaster recovery experts ensured CDBG-DR funding was deployed where it was most needed, helped maximize the use of federal funds from all sources for recovery, and ensured strong compliance with a complicated web of federal regulations.

For over 20 years, ICF has worked with federal, state and local communities to help them manage large-scale disaster recovery efforts. ICF's disaster recovery experts focus on making sure the work is done right, fast, and in a way that improves the resilience of affected communities to resist future disasters.

Read more about ICF's disaster recovery services.

About ICF
ICF is a global consulting services company with over 5,000 specialized experts, 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; 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.

Contact: Lauren Dyke, [email protected], +1.571.373.5577

SOURCE ICF