USAID Indonesia Awards Tetra Tech $32 Million Marine Resources and Biodiversity Contract
By Business Wire News
By Business Wire News
Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.S. Agency for International Development (USAID) has awarded the Company a $32 million, single-award contract to promote improved governance of marine resources and protect biodiversity in Indonesia. Under the five-year Sustainable Ecosystems Advanced (SEA) project, Tetra Tech will work with partners at the regional, national, and community levels to strengthen policies to improve natural resource management and the health of marine ecosystems in Indonesia.
Indonesia is at the center of the world’s coastal and marine biodiversity, and the negative impacts of climate change are affecting the sustainable use and management of the country’s coastal and marine resources. Tetra Tech will support USAID and the Government of Indonesia to improve fisheries and coral reef ecosystems, which are critical to the health and economic livelihood of the Indonesian people. Tetra Tech will promote better governance of resources and stakeholder management to help coastal communities adapt to the changing climate. Healthy marine ecosystems play an important role in maintaining resilience to climate change impacts and other natural disasters.
“Tetra Tech has supported USAID’s coastal resource management programs in Southeast Asia for 25 years,” said Dan Batrack, Tetra Tech Chairman and CEO. “We are pleased to continue this support by providing innovative solutions to address the impacts of climate change and protect marine resources in Indonesia.”
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 Relations
Charlie MacPherson, Media & Public Relations