Tetra Tech Wins $650 Million USAID Urban Infrastructure Contract

PASADENA, Calif.--(BUSINESS WIRE)--

Tetra Tech, Inc. TTEK announced today it has been awarded a $650 million multiple-award indefinite delivery indefinite quantity (IDIQ) contract by the U.S. Agency for International Development (USAID) to support the improvement of urban infrastructure in developing countries. More than half of the world's population live in urban areas and face increased risks from climate change, as well as health and economic impacts from the lack of adequate water and infrastructure services.

“Tetra Tech is pleased to support USAID in working with local governments to provide the basic infrastructure services necessary to meet many of the challenges facing urban centers in developing countries,” said Dan Batrack, Tetra Tech's Chairman and CEO.

Under the Making Cities Work IDIQ, Tetra Tech will support USAID in providing technical solutions to improve the delivery of water, transportation, and sanitation services in urban areas. Tetra Tech will also work with local governments to strengthen their ability to prepare for and respond to natural disasters, improve environmental management practices, and increase their resiliency to the impacts of climate change.

About Tetra Tech (www.tetratech.com)

Tetra Tech is a leading provider of consulting, engineering, program management, construction management, and technical services. The Company supports government and commercial clients by providing innovative solutions to complex problems focused on water, environment, energy, infrastructure, and natural resources. With 14,000 employees worldwide, Tetra Tech's capabilities span the entire project life cycle.

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.