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Tetra Tech Awarded $50 Million U.S. Navy Biological Resources Contract
PASADENA, Calif.-(Business Wire)-September 5, 2008 - Tetra Tech, Inc. (NASDAQ:TTEK) announced today that it has been awarded a $50 million contract to perform biological resources management services for the U.S. Navy. The work will be performed primarily at locations within the Naval Facilities Engineering Command (NAVFAC) Atlantic’s area of responsibility, which includes the continental United States, Europe, southwest Asia, and the Caribbean. This single-award, indefinite delivery/indefinite quantity contract has one base year and four one-year options.
Tetra Tech will provide biological resources management services in accordance with a variety of federal, state, and host nation environmental regulations. This work will include wetlands delineations and studies, coastal zone management, marine resources services, benthic and water quality studies, threatened and endangered species surveys, and natural resources planning services, among other services.
About Tetra Tech (www.tetratech.com)
Tetra Tech is a leading provider of consulting, engineering, and technical services. With approximately 8,500 associates located in the United States and internationally, the Company supports commercial and government clients in the areas of resource management and infrastructure. Tetra Tech’s services include research and development, applied science and technology, engineering design, program management, construction management, construction, and operations and maintenance.
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.
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