Market Overview

USAID Awards Tetra Tech $650 Million Contract for Land Tenure and Natural Resource Management Services


Tetra Tech, Inc. (NASDAQ:TTEK) announced today that the U.S. Agency for
International Development (USAID) awarded the Company a $650 million,
multiple-award contract to develop innovative solutions to address land
rights challenges around the world. Secure property rights provide a
foundation for sustainable natural resource management, access to water
resources, economic growth, and improved food security.

Under the five-year Strengthening Tenure and Resource Rights II (STARR
II) contract, Tetra Tech will provide technical support services to
USAID, including the use of geospatial tools, mobile technologies, and
secure data management processes to document and formalize land tenure
and property rights.

USAID also awarded Tetra Tech the first task order under the STARR II
contract. The 5-year, $25 million Integrated Land and Resource
Governance task order will support the development of targeted solutions
to strengthen land and resource rights in Africa, Asia, Latin America
and/or the Middle East. Tetra Tech will provide technical expertise to
strengthen legal frameworks and land administration, improve land-based
investments, and facilitate access of rights for women and other
vulnerable populations.

"Tetra Tech is pleased to support USAID's work to establish rights to
property and natural resources for individuals and institutions," said
Dan Batrack, Tetra Tech's Chairman and CEO. "Tetra Tech's land rights
practice has worked for more than two decades strengthening land tenure
policies to foster climate-resilient communities, sustainable resource
management and economic development."

About Tetra Tech

Tetra Tech is a leading, global provider of consulting and engineering
services. We are differentiated by Leading with Science®
to provide innovative technical solutions to our clients. We support
global commercial and government clients focused on water, environment,
infrastructure, resource management, energy, and international
development. With 17,000 associates worldwide, Tetra Tech provides clear
solutions to complex problems. For more information about Tetra Tech,
please visit,
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 Form 10-Q filings with the Securities and
Exchange Commission.

View Comments and Join the Discussion!