Tetra Tech Selected for $5 Billion USAID Governance and Stabilization Multiple-Award Contract
October 29 2024 - 8:00AM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end
consulting and engineering services in water, environment, and
sustainable infrastructure, announced today that the U.S. Agency
for International Development (USAID) has selected the Company for
a $5 billion, multiple-award indefinite delivery, indefinite
quantity (IDIQ) contract to support global democracy
initiatives.
Under the 10-year contract, Tetra Tech will support USAID’s
Office of Transition Initiatives to address complex governance and
resiliency challenges in developing countries around the world. Our
technical experts will leverage evidence-based approaches to
strengthen local engagement, revitalize critical infrastructure,
and enhance the access and resiliency of essential public services
such as clean water supplies.
“For more than four decades Tetra Tech has supported USAID to
strengthen local governance systems for communities in developing
countries,” said Dan Batrack, Tetra Tech Chairman and CEO. “We are
pleased to continue supporting USAID in their mission to foster
strong democracies around the world.”
About Tetra Tech
Tetra Tech is the leader in water, environment and sustainable
infrastructure, providing high-end consulting and engineering
services for projects worldwide. With 28,000 employees working
together, Tetra Tech provides clear solutions to complex problems
by Leading with Science® to address the entire water cycle, protect
and restore the environment, design sustainable and resilient
infrastructure, and support the clean energy transition. For more
information about Tetra Tech, please visit tetratech.com or follow
us on LinkedIn 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/20241028227350/en/
Jim Wu, Investor Relations Charlie MacPherson, Media &
Public Relations (626) 470-2844
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