USAID Awards Tetra Tech $23 Million Contract for Improved Economic Growth in the Democratic Republic of the Congo
September 06 2017 - 8:00AM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.S.
Agency for International Development (USAID) has awarded the
Company a $23 million single-award contract to improve economic
growth and food security in the Democratic Republic of the Congo
(DRC).
Under the five-year Feed the Future Strengthening Value Chains
Activity Contract, Tetra Tech will foster relationships between
market exporters and local farmers to increase sales and the
profitability of key, nutrient-rich crops in the DRC. To further
stimulate the economy, Tetra Tech will also establish
public-private partnerships that leverage private sector funding
and will provide capacity building and credit facilitation training
in the region. To measure the outcomes of the program’s activities,
Tetra Tech will work alongside other USAID contractors to
collaborate on joint monitoring, evaluation, and data
collection.
“Tetra Tech is pleased to continue to support USAID’s efforts to
improve economic growth and food security in developing countries,”
said Dan Batrack, Tetra Tech’s Chairman and CEO.
About Tetra Tech
Tetra Tech is a leading provider of consulting and engineering
services differentiated by Leading with Science® in providing
innovative technical solutions to our clients. We support global
commercial and government clients focused on water, environment,
infrastructure, resource management, energy, and international
development. With 16,000 associates worldwide, Tetra Tech provides
clear solutions to complex problems. For more information about
Tetra Tech, please visit tetratech.com, follow us on Twitter
(@TetraTech), or like us on Facebook.
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.
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Jim Wu, Investor Relations
Charlie MacPherson, Media & Public Relations
(626) 470-2844
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