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TTEK Tetra Tech Inc

192.35
-2.37 (-1.22%)
Last Updated: 17:23:49
Delayed by 15 minutes
Share Name Share Symbol Market Type
Tetra Tech Inc NASDAQ:TTEK NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.37 -1.22% 192.35 192.25 192.43 194.28 190.75 194.03 126,552 17:23:49

USAID Awards Tetra Tech $28 Million Contract for Improved Water Management in Jordan

25/04/2016 2:00pm

Business Wire


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Tetra Tech, Inc. (NASDAQ:TTEK) announced today that the U.S. Agency for International Development (USAID) has awarded the Company a $28 million, single-award contract to improve water sector management and governance in Jordan. Under the five-year project, Tetra Tech will support the Government of Jordan to achieve measurable improvements and greater sustainability of the water sector. Tetra Tech will provide technical assistance to strengthen the government’s efforts in reform, capacity building, and policy development and implementation.

Tetra Tech will help improve the sustainability of Jordan’s water supply systems, improve water conservation and water governance systems, and protect water resources. Through targeted technical assistance and capacity building, Tetra Tech will support the implementation of improved utility management practices, especially those related to non-revenue water reduction and improved cost recovery. Tetra Tech also will develop water demand management programs and behavior change communication strategies aimed at enhancing water conservation.

“Tetra Tech supports all phases of the water cycle and has longstanding experience working in water scarce regions,” said Dan Batrack, Tetra Tech Chairman and CEO. “This makes us ideally suited to support USAID in improving the management and sustainability of Jordan’s water resources.”

About Tetra Tech

Tetra Tech is a leading provider of consulting and engineering services. For 50 years, the Company has supported commercial and government clients focused on water, environment, infrastructure, resource management, energy, and international development. With 16,000 staff worldwide, Tetra Tech provides clear solutions to complex problems. For more information about Tetra Tech, please visit tetratech.com, 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 10-Q filings with the Securities and Exchange Commission.

Tetra Tech, Inc.Jim Wu, Investor RelationsCharlie MacPherson, Media & Public Relations626-470-2844

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