PASADENA, Calif.- Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.S. Agency for International Development (USAID) has awarded the Company a $47 million, single-award contract to provide assistance to improve the legal and policy framework governing municipalities in the West Bank and Gaza. Under the five-year Communities Thrive contract, Tetra Tech will support local governments as they work to improve the delivery of essential services with the ultimate goal of establishing the financial sustainability of Palestinian municipalities.
Local governments in the West Bank and Gaza face many challenges in meeting their communities’ needs due to various factors. Under the Communities Thrive contract, Tetra Tech will work with local governments to develop processes and mechanisms to improve service delivery and enhance their responsiveness to constituent concerns. In addition to supporting policy reform and improved practices, areas of focus may include upgrading water meters to reduce financial and water losses, analyzing and adapting energy-efficient options, and implementing cost-effective tariffs to fund initial and longer-term project needs.
“Tetra Tech is pleased to support USAID’s efforts in the West Bank and Gaza to improve local government delivery of essential water and energy services to communities in need,” said Dan Batrack, Tetra Tech Chairman and CEO.
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.