Tetra Tech Wins $85 Million Contract to Power Sustainable Economic Growth

PASADENA, Calif.--()--Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.K. Department for International Development (DFID) awarded the Company an $85 million, single-award contract for the Powering Economic Growth in Northern Nigeria (LINKS) program. Under the seven-year LINKS program, Tetra Tech will assist DFID in identifying and supporting potential high-value markets in Nigeria. These markets may include renewable and off-grid energy solutions, waste management, and information and communications technology applications in the agricultural sector.

With a rapidly growing population and very high levels of poverty, northern Nigeria faces limited economic opportunity for its citizens and ongoing instability. The LINKS program aims to sustainably increase incomes and create jobs for Nigerians throughout the country. Increased investment is expected to raise the incomes of 3 million people and support the creation of 100,000 full-time equivalent jobs.

Tetra Tech will collect data, perform advanced analytics, and conduct geospatial mapping throughout the life of the project. Tetra Tech researchers will evaluate new business models, technology, and other best practices to help improve economic performance and reduce overall transaction costs. Tetra Tech’s monitoring and evaluation specialists will analyze data and share lessons learned, market intelligence, and insights with the private sector and project beneficiaries and stakeholders.

“We are pleased to use our proven Leading with Science® approaches to support the people of Nigeria to achieve more economic opportunity and stability,” said Dan Batrack, Tetra Tech Chairman and CEO. “Our advanced analytics team works throughout the developing world to provide robust data to policy makers to enable more informed decision-making.”

About Tetra Tech

Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 20,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, infrastructure, resource management, 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, 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 Form 10-Q filings with the Securities and Exchange Commission.

Contacts

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

Contacts

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