Tetra Tech Wins $1 Billion USAID Water and Development Contract
March 30 2015 - 8:00AM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK) announced today it has been
awarded a $1 billion multiple-award indefinite delivery indefinite
quantity (IDIQ) contract for the U.S. Agency of International
Development (USAID) to support the implementation of USAID’s Water
and Development Strategy.
Under the five-year Water and Development IDIQ, Tetra Tech will
support USAID in responding to increasing pressures on limited
water resources from climate change, population growth, and energy
demands, by providing engineering and consulting services to
improve access to clean water and sanitation, and strengthen global
food security through the sustainable management of water in
agriculture. Tetra Tech will support in collecting and analyzing
data to evaluate emerging water issues, develop water management
strategies, and design innovative approaches to improve the
delivery of water services in developing countries.
“Tetra Tech is pleased to continue supporting USAID in providing
innovative solutions to address critical water issues around the
world,” said Dan Batrack, Tetra Tech’s Chairman and CEO.
About Tetra Tech (www.tetratech.com)
Tetra Tech is a leading provider of consulting, engineering,
program management, and construction management services. The
Company supports commercial and government clients focused on
water, environment, infrastructure, resource management, and
energy. With 13,000 staff worldwide, Tetra Tech provides clear
solutions to complex problems.
Any statements made in this release that are not based on
historical fact are forward-looking statements. Any forward-looking
statements made in this release represent management’s best
judgment as to what may occur in the future. However, Tetra Tech’s
actual outcome and results are not guaranteed and are subject to
certain risks, uncertainties and assumptions ("Future Factors"),
and may differ materially from what is expressed. For a description
of Future Factors that could cause actual results to differ
materially from such forward-looking statements, see the discussion
under the section "Risk Factors" included in the Company’s Form
10-K and 10-Q filings with the Securities and Exchange
Commission.
Tetra Tech, Inc.Jim Wu, Investor RelationsCharlie MacPherson,
Media & Public Relations626-470-2844
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