Skip to main content The Road Home | News Room

News Room

  1. Arrow Latest Statistics
  2. Arrow Background Info
  3. Arrow Public Service Announcements
  4. ArrowArchived News Releases
General Contact:
1.888.ROAD.2.LA (1.888.762.3252)
(TTY callers use 7.1.1 relay
or 1.800.846.5277)
inquiry@road2LA.org
Press Contact:
225.439.1984
media@road2la.org

Stay informed with our email newsletter - subscribe now!

For Immediate Release

ICF International Receives Expression of Support from the State of Louisiana

FAIRFAX, VA, December 18, 2006― ICF International (Nasdaq: ICFI) received a strong expression of support today from the Louisiana Division of Administration (DOA), the agency that oversees ICF’s contract for the implementation of The Road Home program. Jerry Luke LeBlanc, Commissioner of Administration, stated, “We all realize that this contract to assist in recovery from the nation's largest disaster is a monumental task. ICF has responded to the challenge of getting the program up and running. We will continue to work with ICF to address implementation issues and to streamline the program for the benefit of our citizens. Our most important focus is our homeowners and getting our communities back.”  LeBlanc’s comments were made in the context of a nonbinding resolution passed by the State legislature last Friday calling for Louisiana Governor Kathleen Babineaux Blanco to terminate ICF’s role in The Road Home program.

Governor Blanco also stated, “I share the frustration of our people and the legislature, but common sense must prevail. This is the most massive long-term recovery program ever undertaken by any state, at any time in American history. The remedy for our people, who have endured so much through Hurricanes Katrina and Rita, is to move faster, not to start over from scratch.”

“We appreciate all the expressions of support,” said Sudhakar Kesavan, Chief Executive Officer of ICF. “Our focus now, as it has been all along, is on helping the people of Louisiana and delivering a successful program.

ICF reports that it has met or exceeded the schedule required of the Company under the Road Home program. The Company is in active discussions with the State’s political leadership to inform legislators and their constituents of the progress made to date and the efforts to achieve program goals. This complex program requires that ICF ensure that payments are net of any relevant insurance or federal payment already made and that appropriate anti-fraud precautions are taken.

ICF was awarded this contract on June 12, 2006, through its subsidiary ICF Emergency Management Services, L.L.C., and is currently in Phase 2 of a three-year contract to manage The Road Home program for the State of Louisiana. In only six months, the program has:

  • Opened 11 housing centers and secured a fully trained staff of nearly 2,000 people
  • Received approximately 89,000 grant applications from homeowners
  • Interviewed nearly 45,000 homeowners through the housing centers, with more than 90 percent of exit interviews rating the experience as good or very good
  • Completed approximately 28,000 home evaluations
  • Sent 12,400 award letters, resulting in nearly 6,000 families selecting their grant option so they can begin quickly moving to closing
  • Established a robust call center that has logged more than a quarter of a million calls

Under the contract, the ICF team provides outreach to homeowners and assistance with the application and eligibility process, in accordance with State guidelines, for qualified homeowners whose homes were destroyed by Hurricanes Katrina and Rita. ICF is responsible for the implementation, not the design, of the program, and executes the program in phases in accordance with that design. The Company has been in the production phase of the contract (Phase 2) since October 20, 2006.

Mr. Kesavan further stated, “Nothing is more important to us than ensuring that every affected homeowner gets the opportunity to participate in this program. Nearly 2,000 dedicated Road Home employees, 70 percent of whom were themselves victims of the storms and 84 percent of whom are Louisiana residents, have worked tirelessly along with the State to stay focused and keep the program moving efficiently.”

The ICF team includes a number of leading Louisiana firms, including Deltha Corporation, First American Title Insurance Company of Louisiana, Franklin Industries, HGI Catastrophe Services, IEM, Jones Walker, Network Technology Group (NTG), Peter A. Mayer Advertising, Providence Engineering & Environmental Group, Shaw Environmental, and TraceSecurity. Several of these businesses are minority owned, such as Deltha, Franklin, HGI, and IEM, and others are small businesses, including NTG, Providence, and TraceSecurity. In addition, the LSU Agricultural Center and Tulane University are on the ICF team. Additional Louisiana firms are expected to be added to the team as The Road Home program evolves.

ICF International (Nasdaq:ICFI) partners with government and commercial clients worldwide to deliver consulting services and technology solutions in the energy, environment, transportation, social programs, defense, and homeland security markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from analysis and design through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. ICF's Web site is http://www.icfi.com.

This document may contain “forward-looking statements”—that is, statements related to future—not past—events, plans, and prospects. In this context, forward-looking statements may address matters such as our expected future business and financial performance, and often contain words such as “guidance,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should,” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For ICF, particular uncertainties that could adversely or positively affect the Company’s future results include: risks related to the government contracting industry, including possible changes in government spending priorities; risks related to the Company’s business, including its dependence on contracts with U.S. Federal Government agencies and departments and continued good relations, and being successful in competitive bidding, with those customers; performance by ICF and its subcontractors under a major contract with the State of Louisiana, Office of Community Development; uncertainties as to whether revenues corresponding to the Company’s contract backlog will actually be received; strategic actions, including the ability to make acquisitions and the performance and future integration of acquired businesses; risk associated with operations outside the United States; and other risks and uncertainties disclosed in the Company’s filings with the Securities and Exchange

 

Print-Friendlyprint-friendly