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Tetra Tech Wins $38 Million Flagship Global USAID Climate Adaptation Contract

Business Wire - Tue Nov 15, 2022

Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Agency for International Development (USAID) awarded the Company a single-award contract with a $38 million ceiling, to support the expansion of strategic climate adaptation and resilience programming worldwide.

Under the five-year flagship global Climate Adaptation Support Activity (CASA), Tetra Tech will support USAID to achieve its Climate Strategy goals by designing forward-looking and inclusive adaptation and resilience programs worldwide.

Tetra Tech climate and disaster risk reduction experts will develop and apply predictive climate models that incorporate socioeconomic data to identify disaster risk reduction strategies and long-term climate change adaptation options in agriculture, water, energy, and other sectors.

โ€œThe impacts of global climate change continue to threaten the health and well-being of the worldโ€™s most vulnerable nations and communities,โ€ said Dan Batrack, Tetra Tech Chairman and CEO. โ€œTetra Tech has supported USAIDโ€™s climate adaptation work in developing countries for more than 40 years. We look forward to using our Leading with Scienceยฎ approach to continue supporting USAID in their effort to accelerate climate action worldwide.โ€

About Tetra Tech

Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 21,000 associates working together, Tetra Tech provides clear solutions to complex water, environment, sustainable infrastructure, renewable energy, and international development problems. We are Leading with Scienceยฎ to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, and Facebook.

Any statements made in this release that are not based on historical facts are forward-looking statements. Any forward-looking statements made in this release represent managementโ€™s best judgment as to what may occur in the future. However, Tetra Techโ€™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 Companyโ€™s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.

Provided Content: Content provided by Business Wire. The Globe and Mail was not involved, and material was not reviewed prior to publication.