The U.S. Environmental Protection Agency has awarded ICF International (NASDAQ:ICFI) a new five-year contract valued at $42 million to support its Clean Air Markets Division.
ICF and its teaming partners will provide expertise in several areas, including climate change, acid rain, mercury deposition, and sector-based energy and air emissions initiatives.
ICF has supported EPA in major programs for 30 years, including more than 20 years supporting EPA’s air quality programs, the company said.
Gayle Kline, an ICF vice president and environmental expert, said, "This award reaffirms our role as a global leader in bringing best-in-class solutions to energy sector modeling and economic and environmental analysis."
The EPA’s Clean Air Markets Division develops market-based regulations and establishes emissions trading systems to cost effectively reduce air pollutants. A component of this contract will be modeling and analyses of potential climate change policy in the electric utility sector.
ICF said it will use its power sector modeling tool, to examine the costs and market impacts of alternative carbon trading policies and programs and the impacts on consumers, businesses, and industry.
About ICF International
ICF International partners with government and commercial clients to deliver consulting services and technology solutions in the energy, climate change, environment, transportation, social programs, health, defense, and emergency management markets. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,000 employees serve these clients worldwide.