Tetra Tech Wins $50 Million FEMA Disaster Resilience Contract
November 19 2020 - 3:10PM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end
consulting and engineering services, announced today that the
Federal Emergency Management Agency (FEMA) awarded a Tetra Tech-led
joint venture a five-year, single-award contract, valued up to $50
million, to increase resilience and reduce the costs of recovery
efforts in disaster-stricken communities.
Under FEMA’s Hazard Mitigation Technical Assistance Program,
Tetra Tech will help communities plan for and recover from
increasingly frequent and intense natural disasters. Our team will
provide essential technical support services for effective hazard
mitigation programs to reduce damages due to flood, earthquake, and
wildfire events and increase community resilience throughout FEMA
regions 5, 6, and 7, which includes 15 midwestern states.
The Tetra Tech team will use innovative technologies to
efficiently collect data, assess damaged properties, and prioritize
disaster-impacted areas to enable FEMA to direct resources to
support rapid recovery and increased community resilience to future
events. The team’s technical specialists will streamline
collection, analysis, and presentation of key findings using
unmanned aerial systems, enhanced field-enabled software tools,
predictive models, and customized management dashboards that will
assist FEMA managers in prioritizing areas for assistance.
“Tetra Tech has supported disaster response and mitigation
activities in more than 3,000 communities in some of the most
hazard-prone areas of the United States,” said Dan Batrack, Tetra
Tech Chairman and CEO. “Using our Leading with Science® approach,
we apply emerging technologies and advanced analytics expertise to
help communities recover faster from natural disasters and become
more resilient.”
About Tetra Tech
Tetra Tech is a leading provider of high-end consulting and
engineering services for projects worldwide. With 20,000 associates
working together, Tetra Tech provides clear solutions to complex
problems in water, environment, infrastructure, resource
management, energy, and international development. We are Leading
with Science® to provide sustainable and resilient solutions for
our clients. For more information about Tetra Tech, please visit
tetratech.com or follow us on LinkedIn, Twitter, and 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 Form 10-Q filings with the Securities and Exchange
Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20201119006245/en/
Jim Wu, Investor Relations Charlie MacPherson, Media &
Public Relations (626) 470-2844
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