ICF Incorporated Awarded $10 Million Contract to Support EPA's Office of Solid Waste

10 Aug, 1998, 01:00 ET from ICF Kaiser International, Inc. from ,ICF Incorporated

    FAIRFAX, Va., Aug. 10 /PRNewswire/ -- ICF Kaiser International, Inc.
 (NYSE:   ICF) today announced that its Consulting Group subsidiary, ICF
 Incorporated, has been awarded a $10 million contract to support the U.S.
 Environmental Protection Agency's Office of Solid Waste.  Under the four-year
 contract, ICF Incorporated will provide a wide range of analytic and technical
 support services for planning, implementing, and evaluating the RCRA hazardous
 waste minimization and management program.
     "ICF has held contracts with the Office of Solid Waste since 1982," said
 James 0. Edwards, Chairman and CEO of ICF Kaiser.  "This prime contract
 continues our long tradition of supporting EPA's hazardous and solid waste
 programs.  We look forward to providing ongoing support to the Office of Solid
 Waste well into the next century."
     "ICF has won several contracts in the environmental arena over the last 12
 months totaling nearly $50 million," said Edwards.  "ICF's core business in
 the EPA market is as vibrant as ever, and our environmental consulting line of
 business is strong and growing."
     In addition to hazardous and solid waste, ICF's environmental consulting
 line of business serves EPA and other clients in a number of areas, including
 global climate change, air and water quality, energy conservation, pollution
 prevention, and toxic substances.
 
     About the Company
     Headquartered in Fairfax, Virginia, ICF Kaiser is one of the United
 States' largest engineering, construction, program management, and consulting
 services companies.  Its nearly 5,000 employees, located in 70 offices around
 the world, provide fully integrated capabilities to clients in four related
 market areas: environment, infrastructure, industry, and energy.  ICF Kaiser
 reported gross revenue of more than $1.1 billion for the 12 months ended
 December 31, 1997.  All references to ICF Kaiser indicate ICF Kaiser
 International, Inc. and any of its subsidiaries.
 
     Forward-Looking Statements and Certain Factors Affecting ICF Kaiser and
 Its Businesses
     This release contains "forward-looking statements" within the meaning of
 the Private Securities Litigation Reform Act of 1995, which are identified by
 the use of forward-looking terminology such as "may," "will," "could,"
 "should," "expect," "believe," "anticipate," "aim," "intend," "plan,"
 "estimate," or "continue" or the negative thereof or other variations thereof.
 Such forward-looking statements are necessarily based on various assumptions
 and estimates and are inherently subject to various risks and uncertainties,
 including risks and uncertainties relating to the possible invalidity of the
 underlying assumptions and estimates, that may cause actual results to differ
 materially from those stated or implied by these forward-looking statements.
 These forward-looking statements also are subject to company-specific risks
 and uncertainties such as the company's ability to maintain existing contracts
 (including contracts with the federal government) at their existing or at
 improved levels, to accurately estimate and recover costs incurred on fixed-
 price contracts, to sign new contracts in established or new markets
 (including international markets), to conclude and implement successfully
 certain acquisitions and joint-venture relationships, and to avoid significant
 environmental fines, penalties, or liabilities.
 
 

SOURCE ICF Kaiser International, Inc.; ICF Incorporated
    FAIRFAX, Va., Aug. 10 /PRNewswire/ -- ICF Kaiser International, Inc.
 (NYSE:   ICF) today announced that its Consulting Group subsidiary, ICF
 Incorporated, has been awarded a $10 million contract to support the U.S.
 Environmental Protection Agency's Office of Solid Waste.  Under the four-year
 contract, ICF Incorporated will provide a wide range of analytic and technical
 support services for planning, implementing, and evaluating the RCRA hazardous
 waste minimization and management program.
     "ICF has held contracts with the Office of Solid Waste since 1982," said
 James 0. Edwards, Chairman and CEO of ICF Kaiser.  "This prime contract
 continues our long tradition of supporting EPA's hazardous and solid waste
 programs.  We look forward to providing ongoing support to the Office of Solid
 Waste well into the next century."
     "ICF has won several contracts in the environmental arena over the last 12
 months totaling nearly $50 million," said Edwards.  "ICF's core business in
 the EPA market is as vibrant as ever, and our environmental consulting line of
 business is strong and growing."
     In addition to hazardous and solid waste, ICF's environmental consulting
 line of business serves EPA and other clients in a number of areas, including
 global climate change, air and water quality, energy conservation, pollution
 prevention, and toxic substances.
 
     About the Company
     Headquartered in Fairfax, Virginia, ICF Kaiser is one of the United
 States' largest engineering, construction, program management, and consulting
 services companies.  Its nearly 5,000 employees, located in 70 offices around
 the world, provide fully integrated capabilities to clients in four related
 market areas: environment, infrastructure, industry, and energy.  ICF Kaiser
 reported gross revenue of more than $1.1 billion for the 12 months ended
 December 31, 1997.  All references to ICF Kaiser indicate ICF Kaiser
 International, Inc. and any of its subsidiaries.
 
     Forward-Looking Statements and Certain Factors Affecting ICF Kaiser and
 Its Businesses
     This release contains "forward-looking statements" within the meaning of
 the Private Securities Litigation Reform Act of 1995, which are identified by
 the use of forward-looking terminology such as "may," "will," "could,"
 "should," "expect," "believe," "anticipate," "aim," "intend," "plan,"
 "estimate," or "continue" or the negative thereof or other variations thereof.
 Such forward-looking statements are necessarily based on various assumptions
 and estimates and are inherently subject to various risks and uncertainties,
 including risks and uncertainties relating to the possible invalidity of the
 underlying assumptions and estimates, that may cause actual results to differ
 materially from those stated or implied by these forward-looking statements.
 These forward-looking statements also are subject to company-specific risks
 and uncertainties such as the company's ability to maintain existing contracts
 (including contracts with the federal government) at their existing or at
 improved levels, to accurately estimate and recover costs incurred on fixed-
 price contracts, to sign new contracts in established or new markets
 (including international markets), to conclude and implement successfully
 certain acquisitions and joint-venture relationships, and to avoid significant
 environmental fines, penalties, or liabilities.
 
 SOURCE  ICF Kaiser International, Inc.; ICF Incorporated