Tetra Tech awarded $650M USAID contract for widescale urban infrastructure improvements
PASADENA, CA, Nov. 3, 2014 -- Recently, Tetra Tech, Inc. (NASDAQ: TTEK) announced that it has been awarded a $650-million multiple-award indefinite delivery indefinite quantity (IDIQ) contract by the U.S. Agency for International Development (USAID) to support the improvement of urban infrastructure in developing countries.
More than half of the world's population live in urban areas and face increased risks from climate change, as well as health and economic impacts from the lack of adequate water and infrastructure services.
Under the Making Cities Work IDIQ, Tetra Tech will support USAID in providing technical solutions to improve the delivery of water, transportation and sanitation services in urban areas.
Accordingly, Tetra Tech will also work with local governments to strengthen their ability to prepare for and respond to natural disasters, improve environmental management practices and increase their resiliency to the impacts of climate change.
See also:
"EPA awards $23M to Tetra Tech in major water contract"
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 14,000 employees worldwide, Tetra Tech's capabilities span the entire project life cycle. For more information, visit www.tetratech.com.
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