Tetra Tech Wins $34 Million USAID Land and Resource Governance Project
10 January 2024 - 1:00AM
Business Wire
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) has awarded the
Company a $34 million, single-award contract to advance sustainable
economic development through improved land rights governance.
Under the global USAID Integrated Land and Resource Governance
II project, Tetra Tech will develop and implement land and property
rights policies that protect ecosystems, catalyze private sector
investments, and benefit vulnerable populations, particularly
securing women’s rights. Our technical specialists will conduct
data-driven research, implement conflict mitigation tools, and
deploy innovative technology to document land rights in rural and
remote areas. Tetra Tech also will facilitate strategic
partnerships to institute anticorruption reforms and develop
effective systems and policies that advance equitable and resilient
communities.
“Establishing secure and documented property rights is essential
for inclusive economic growth, environmental sustainability, and
food security,” said Dan Batrack, Tetra Tech Chairman and CEO.
“Tetra Tech is pleased to continue supporting USAID to expand
global land and resource governance systems as part of our
commitment to improve 1 billion lives through our projects by
2030.”
About Tetra Tech
Tetra Tech is a leading provider of high-end consulting and
engineering services for projects worldwide. With 27,000 employees
working together, Tetra Tech provides clear solutions to complex
problems in water, environment, sustainable infrastructure,
renewable energy, and international development. We are Leading
with Science® to provide sustainable and resilient solutions for
our clients. For more information about Tetra Tech, please visit
tetratech.com or follow us on LinkedIn and 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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Jim Wu, Investor Relations Charlie MacPherson, Media &
Public Relations (626) 470-2844
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