Tetra Tech Wins $24 Million USAID Water Resources Management Contract
October 13 2020 - 9:00AM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end
consulting and engineering services, announced today that the U.S.
Agency for International Development (USAID) awarded the Company a
five-year, $24 million single award contract to strengthen regional
capacity to manage shared water resources and mitigate
environmental risks in Central Asia.
The USAID Regional Water and Vulnerable Environment Activity
contract is intended to promote economic stability and healthy
ecosystems through implementation of sustainable management
practices for two major Central Asian river basins.
Tetra Tech will provide technical assistance to resolve complex
transboundary water issues by developing evidence-based water
resources technology solutions that optimize regional water,
energy, and agricultural systems across target areas.
Tetra Tech’s analysts and consultants will design and implement
a robust decision-support process that employs integrated
water-energy-food systems modeling and advanced data analytics to
improve understanding of the risks, vulnerabilities, costs, and
benefits associated with different development pathways in these
river basins. These analytical results will form the basis for
agreement on specific actions to improve regional water
cooperation.
“Tetra Tech has supported USAID to promote water resilience in
developing countries for 40 years,” said Dan Batrack, Tetra Tech
Chairman and CEO. “We are pleased to continue our Leading with
Science® approach and leverage our data analytics expertise to
improve the sustainability of regional water, energy, and food
systems in Central Asia.”
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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Jim Wu, Investor Relations Charlie MacPherson, Media &
Public Relations (626) 470-2844
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