Tetra Tech Wins $24 Million USAID Carbon Mitigation and Biodiversity Conservation Contract

December 09, 2021

PASADENA, Calif.--(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) awarded the Company a five-year, $24 million single-award contract to reduce greenhouse gas emissions and promote biodiversity conservation in Cambodia.

Through the USAID Morodok Baitang (or “Green Heritage” in Khmer) activity, Tetra Tech will work with natural resource-dependent communities, the private sector, civil society, and other development partners to mitigate climate change, enhance biodiversity, increase economic development, and strengthen natural resource governance. In addition, Tetra Tech’s climate change and economic growth experts will leverage private sector partnerships with communities to support conservation, promote climate-sensitive development, and enhance economic opportunities for communities whose livelihoods depend on forests.

“Tetra Tech has supported USAID to mitigate climate change impacts and sustainably manage natural resources in developing countries for more than 40 years,” said Dan Batrack, Tetra Tech Chairman and CEO. “We look forward to continuing to apply our Leading with Science® approach to support climate resilience and biodiversity conservation in Cambodia.”

About Tetra Tech

Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 21,000 associates 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, Twitter, 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.

Jim Wu, Investor Relations
Charlie MacPherson, Media & Public Relations
(626) 470-2844

Source: Tetra Tech, Inc.