Tetra Tech, Inc. (NASDAQ:TTEK) announced today that it has been awarded
two new task orders to lead sustainable water projects in rural
Afghanistan and sub-Saharan Africa. The task orders will be executed
under a U.S. Agency for International Development (USAID) Water IQC II
contract held by ARD, Inc., a Tetra Tech company. The combined ceiling
values of these two task orders, including option years, is more than
$69 million. USAID has obligated about $20 million worth of funding for
these efforts to date.
"One of the first needs to be addressed in developing countries is
supplying clean water,” said Dan Batrack, Tetra Tech’s Chairman and CEO.
"We are pleased to have been chosen by USAID to support its mission in
these important regions of the world.”
The new programs focus on bringing water services to poor communities in
both rural and urban settings. The three-year, $51.8 million Afghanistan
Sustainable Water Supply and Sanitation (SWSS) project will include
technical assistance, installation and maintenance of clean water
delivery systems, and health and hygiene outreach. The four-year, $17.7
million Sustainable Water & Sanitation in Africa (SUWASA) project seeks
to strengthen governance systems and foster reform in water and
sanitation utilities in sub-Saharan Africa.
About Tetra Tech (www.tetratech.com)
Tetra Tech is a leading provider of consulting, engineering, program
management, construction, and technical services addressing the resource
management and infrastructure markets. The Company supports government
and commercial clients by providing innovative solutions focused on
water, the environment, and energy. With more than 10,000 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.