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ICF International Awarded $14 Million in Contracts by Pepco Holdings
[June 30, 2015]

ICF International Awarded $14 Million in Contracts by Pepco Holdings


ICF International (News - Alert) (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, was recently awarded continuations and expansions of two current contracts with Pepco Holdings, Inc. (PHI). The contracts have a combined value of more than $14 million; each has a term of 32 months.

ICF will continue to administer the residential energy efficiency portfolios for two of PHI's Maryland utilities: Pepco and Delmarva Power. In addition, ICF will now support both utilities' commercial multifamily programs with the same comprehensive suite of energy efficiency implementation services, including energy efficiency expertise, digital and interactive services, data analytics and IT solutions, creative and marketing expertise, and incentive processing and call center support.

"Pepco and Delmarva Power are expected to surpass their EmPOWER Maryland energy efficiency goals this year," said Selim Karabulut, vice president for ICF International. "Both are recognized industry leaders and consecutive winners of ENERGY STAR (News - Alert) awards in 2014 and 2015. We are proud of the contributions the ICF team has made to these accomplishments and look forward to working with PHI to identify innovative approaches to achieving even greater energy savings and customer satisfaction."

"ICF continues to invest in innovative new program designs that can stand alone or support an existing portfolio," added Mike Mernick, senior vice president for ICF. "This commercial multifamily program is a perfect example of an additive program that will complement our ongoing work with PHI, while helping its operating utilities reach an important market segment-their multifamily customers."



The EmPOWER Maryland Energy Efficiency Act is a statewide initiative with the goal of reducing the overall per capita electric consumption and demand by 15 percent by 2015.

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About ICF International

ICF International (NASDAQ:ICFI) provides professional services and technology solutions that deliver beneficial impact in areas critical to the world's future. ICF is fluent in the language of change, whether driven by markets, technology, or policy. Since 1969, we have combined a passion for our work with deep industry expertise to tackle our clients' most important challenges. We partner with clients around the globe-advising, executing, innovating-to help them define and achieve success. Our more than 5,000 employees serve government and commercial clients from more than 70 offices worldwide. ICF's website is 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 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.


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