Tetra Tech Wins Nationwide USCG/DHS Purchase Agreement Valued at Up to $80 Million
Posted on: Friday, 9 February 2007, 00:00 CST
Tetra Tech, Inc. (NASDAQ:TTEK) announced today that it has received a Blank Purchase Agreement (BPA) to provide up to $80 million of environmental services to the United States Coast Guard (USCG), Office of Civil Engineering, Environmental Management Division, and the Department of Homeland Security (DHS) over the next five years. Tetra Tech is one of five contractors to receive the BPA.
Under the BPA, Tetra Tech can provide environmental planning and documentation; environmental compliance; environmental occupational training; waste management and software; reclamation, recycling, and disposal; geographic information systems; remediation, and remote advisory services.
Tetra Tech has provided a broad range of environmental services to the USCG for more than 13 continuous years, including site investigations, risk assessments and remediation projects at more than 150 facilities in 35 states and Puerto Rico. This is Tetra Tech's first BPA with USCG Headquarters.
About the USCG (www.uscg.mil)
The USCG is a military branch of the United States involved in maritime law, mariner assistance, and search and rescue, among other duties. The USCG protects the public, the environment, and the United States' economic and security interests in any maritime region in which those interests may be at risk, including international waters and America's coasts, ports, and inland waterways.
About the DHS (www.dhs.gov)
The DHS provides the unifying core for the vast national network of organizations and institutions involved in efforts to secure our nation. The DHS prevents and deters terrorist attacks and protects against and responds to threats and hazards to the nation. The DHS ensures safe and secure borders, welcomes lawful immigrants and visitors, and promotes the free-flow of commerce.
About Tetra Tech (www.tetratech.com)
Tetra Tech is a leading provider of consulting, engineering, and technical services. With approximately 7,500 associates located in the United States and internationally, the Company supports commercial and government clients in the areas of resource management and infrastructure. Tetra Tech's services include research and development, applied science and technology, engineering design, program management, construction management, and operations and maintenance.
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.
Source: Business Wire
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