PASADENA, Calif. — (BUSINESS WIRE) — September 18, 2018 — Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.S. Agency for International Development (USAID) awarded the Company a $21 million single-award, five-year contract to improve biodiversity conservation and strengthen sustainable and resilient development in the Prey Lang region of Cambodia.
Situated across five million acres and four provinces in north-central Cambodia, the Prey Lang region is one of Southeast Asia’s last remaining lowland evergreen woodlands and home to important water resources and biodiversity, including one of only seven remaining elephant corridors in the world. The landscape is under severe threats from deforestation, wildlife trafficking, and the impacts of climate change.
Under the USAID Greening Prey Lang program, Tetra Tech will provide technical support services using an integrated approach for sustainable watershed management and biodiversity conservation to foster economic growth. Tetra Tech will develop an evidence-based decision support system that will combine geographic information systems with trend analyses and local knowledge to assist in local and national planning efforts to mitigate the threats from climate stresses and reduce greenhouse gas emissions. Tetra Tech also will support the development of sustainable economic opportunities, especially for women entrepreneurs and other marginalized groups.
“Tetra Tech is pleased to support USAID’s work in Cambodia to promote inclusive and sustainable management in one of the world’s most biodiverse and important landscapes,” said Dan Batrack, Tetra Tech’s Chairman and CEO. “For decades Tetra Tech has used its Leading with Science® approaches to integrate the environmental, social, and institutional elements needed for more resilient ecosystems.”
About Tetra Tech
Tetra Tech is a leading, global provider of consulting and engineering services. We are differentiated by Leading with Science® to provide innovative technical solutions to our clients. We support global commercial and government clients focused on water, environment, infrastructure, resource management, energy, and international development. With 17,000 associates 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 Form 10-Q filings with the Securities and Exchange Commission.
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