Tetra Tech Wins $600 Million USAID Global Architect-Engineer Services Contract
October 05 2015 - 9:00AM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it was
awarded a global indefinite delivery, indefinite quantity contract
for architect-engineer (A-E) services with the U.S. Agency for
International Development (USAID). The ceiling under this
five-year, multiple-award contract is $600 million. USAID
administers the U.S. foreign assistance program providing economic
and humanitarian assistance in more than 80 countries
worldwide.
Tetra Tech will provide A-E services including design,
construction supervision, and related services to develop vitally
important infrastructure in developing countries. Tetra Tech will
support USAID in providing access to clean water, sanitation,
health care, schools, energy, and transportation infrastructure,
while helping to build local capacity, strengthen local
institutions, empower women, and promote long-term
sustainability.
“Tetra Tech is proud of our 40 years of service to USAID, and we
are honored to have been selected for this important USAID
contract,” said Dan Batrack, Tetra Tech’s Chairman and CEO.
“Projects under this contract combine our international development
experience and our expertise in engineering and infrastructure
development to provide innovative solutions that improve the
quality of life in the developing world.”
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. For more information on Tetra Tech,
please visit www.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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version on businesswire.com: http://www.businesswire.com/news/home/20151005005393/en/
Tetra Tech, Inc.Jim Wu, Investor RelationsCharlie MacPherson,
Media & Public Relations(626) 470-2844
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