Tetra Tech Wins $47 Million Contract with the U.S. Army Corps of Engineers Institute for Water Resources
PASADENA, Calif. -- Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.S. Army Corps of Engineers Institute for Water Resources (USACE IWR) has awarded the Company a five-year multiple-award task order contract to support the USACE’s water resources management programs. The contract has a total award value of up to $47 million. Tetra Tech will support USACE IWR in its mission to identify and address emerging water resources issues, develop state-of-the art methods and modeling tools, and manage national water data sets.
Tetra Tech will provide analytical and consulting services to conduct research, analysis, and technical assistance for multiple USACE centers. These centers include USACE Headquarters; District and Division offices; the Hydrologic Engineering Center in Davis, California; the Risk Management Center co-located in Pittsburgh, Pennsylvania, and Denver, Colorado; and the Waterborne Commerce Statistics Center located in New Orleans, Louisiana.
“This contract enables us to apply our leading water resources expertise to support USACE national programs for planning and management of the nation's water resources,” said Dan Batrack, Tetra Tech Chairman and CEO.
About Tetra Tech
Tetra Tech is a leading provider of consulting and engineering services. For 50 years, the Company has supported commercial and government clients focused on water, environment, infrastructure, resource management, energy, and international development. With 16,000 staff 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.
Source: Tetra Tech, Inc.