Jun 21, 2018   SOURCE: BusinessWire

USAID Awards Tetra Tech $22 Million Contract for Biodiversity Conservation and Community Development in Madagascar

Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the U.S. Agency for International Development (USAID) awarded the Company a $22 million, single-award contract to support biodiversity protection and enhance livelihoods in Madagascar.

The five-year USAID Mikajy activity—which means “taking good care of” in Malagasy, the national language of Madagascar—is part of USAID Madagascar’s Conservation and Communities Project. Through the USAID Mikajy activity, Tetra Tech will support critical biodiversity conservation efforts in forested and coastal ecosystems and empower local communities in these regions to locally manage their natural resources, while also providing new economic opportunities and support for natural resource tenure and property rights.

USAID Mikajy will use innovative tools and science-based analyses to strengthen government territorial planning efforts at the local level and improve water and resource infrastructure and governance. USAID Mikajy also will develop public-private partnerships by linking rural producers with investors and establish resource advocacy networks to strengthen land use and access rights. Components of the activity also will address climate change resilience and engagement of women and youth.

“Tetra Tech is pleased to support USAID’s work in Madagascar to conserve the island’s world-renowned biodiversity, while improving the lives of its citizens,” said Dan Batrack, Tetra Tech’s Chairman and CEO.

About Tetra Tech

Tetra Tech is a leading, global provider of consulting and engineering services. We are differentiated by Leading with Science® to provide innovative technical solutions to our clients. We support global commercial and government clients focused on water, environment, infrastructure, resource management, energy, and international development. With 17,000 associates 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 Form 10-Q filings with the Securities and Exchange Commission.