Tetra Tech, Inc. (NASDAQ:TTEK) announced today that it has been awarded a $24 million contract to provide technical support for a U.S. Agency for International Development (USAID) trans-boundary water resources management and regional climate change adaptation program in East Africa. The five-year, single-award program is called Planning for Resilience in East Africa through Policy, Adaptation, Research and Economic Development (PREPARED).
“This contract will increase the access to and sustainability of water supply in East Africa, helping to create the conditions for long-term, sustainable development,” said Tetra Tech’s Chairman and CEO Dan Batrack. “Tetra Tech is pleased to continue its support for USAID’s water resources, climate change adaptation, and drinking water and sanitation programs that improve the quality of life for communities that have suffered from natural disasters, resource degradation, and a lack of reliable water and sanitation services.”
Under the PREPARED program, USAID seeks to strengthen the resiliency and sustainability of East African economies, trans-boundary freshwater ecosystems, and communities. It includes activities in the Lake Victoria region, including Kenya, Uganda, Burundi, Rwanda, and Tanzania.
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 14,000 staff worldwide, Tetra Tech’s capabilities span the entire project life cycle.
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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.