Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it is one of four firms awarded the $700 million U.S. Agency for International Development (USAID) Strengthening Tenure and Resource Rights (STARR) program. Tetra Tech will provide technical assistance to help improve security of property rights and access to land and related natural resources in developing countries. The new STARR program, a successor to previous global programs, will help address needs identified by USAID and other U.S. government agencies including the Department of State, Department of Defense, and the Millennium Challenge Corporation.
Tetra Tech will help USAID implement innovative approaches to strengthen property rights and resource tenure as methods of advancing key U.S. government strategic foreign assistance objectives. The goals of the program include enhanced food security and economic growth, resource governance, strengthened property rights for women and vulnerable groups, climate change adaptation, and conflict prevention, among others.
About Tetra Tech
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 more than 13,000 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.