Press release from Business Wire
Tetra Tech Joint Venture Awarded $95 Million National Guard Bureau Engineering Contract
Wednesday, July 07, 2010
Tetra Tech Joint Venture Awarded $95 Million National Guard Bureau Engineering Contract09:00 EDT Wednesday, July 07, 2010 PASADENA, Calif. (Business Wire) -- Tetra Tech, Inc. (NASDAQ:TTEK) announced today that its Tetra Tech/Mead & Hunt joint venture has been awarded a $95 million contract to provide architecture/engineering (A/E) services to the National Guard Bureau at locations throughout the United States and its territories. This indefinite delivery/indefinite quantity, multiple-award contract has a two-year base period and three one-year option periods. Under this new contract, Tetra Tech will provide a wide variety of vertical and horizontal design services, planning services, and energy management for the Air National Guard and Army National Guard. The support will primarily include projects with a construction value between $5 million and $20 million. Tetra Tech will provide A/E services for National Guard administrative, industrial, and support facilities, as well as support for roadways, military airfields, and base utilities projects, among other infrastructure systems improvements. About Tetra Tech (www.tetratech.com) Tetra Tech is a leading provider of consulting, engineering, program management, construction, and technical services addressing the resource management and infrastructure markets. The Company supports government and commercial clients by providing innovative solutions focused on water, the environment, and energy. With approximately 10,000 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.