Tetra Tech Awarded $20 Million USAID Program for Community Management of Forest Resources in Liberia

PASADENA, Calif.--()--Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has been awarded a $20.4 million contract to provide technical support for the U.S. Agency for International Development (USAID) People, Rules, and Organizations Supporting the Protection of Ecosystem Resources (PROSPER) program. Tetra Tech will help USAID promote community management of forests and other natural resources in Liberia. The country is home to two of the largest remaining blocks of the Upper Guinea forest in West Africa and is recognized as a global hotspot for biodiversity.

Under this new five-year program, Tetra Tech will provide training and knowledge transfer, community outreach, capacity building, and other technical support to help USAID strengthen the legal and policy framework for community management of forest resources. PROSPER also aims to improve basic land tenure, local governance, and property rights.

“Sustainable forest management programs and ecosystem protection are critical to Liberia’s economic and social development,” said Dan Batrack, Tetra Tech’s CEO and Chairman. “Tetra Tech is pleased to support USAID in its efforts to promote land tenure and environmentally sustainable development in this unique natural area.”

About Tetra Tech (www.tetratech.com)

Tetra Tech is a leading provider of consulting, engineering, program management, construction management, and technical services. The Company supports government and commercial clients by providing innovative solutions to complex problems focused on water, environment, energy, infrastructure, and natural resources. With more than 13,000 employees worldwide, Tetra Tech’s capabilities span the entire project life cycle.

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.

Contacts

Tetra Tech, Inc.
Jim Wu, Investor Relations
Talia Starkey, Media & Public Relations
626-470-2844

Contacts

Tetra Tech, Inc.
Jim Wu, Investor Relations
Talia Starkey, Media & Public Relations
626-470-2844