PASADENA, Calif., May 30, 2008 (BUSINESS WIRE) -- Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has been
awarded a Comprehensive Long-Term Environmental Action Navy (CLEAN)
contract with a value of up to $125 million. Tetra Tech will provide
program management and technical environmental services in support of
environmental programs to the Naval Facilities Engineering Command,
Atlantic (NAVFAC Atlantic). The new contract will expand the
geographic footprint of Tetra Tech's CLEAN contract awards. This
single-award, indefinite delivery/indefinite quantity contract has a
one-year base period and four one-year options. The contract type is
cost reimbursement plus award fee.
Tetra Tech will provide technical support to the U.S. Department
of Defense's Environmental Restoration Program (ERP), including U.S.
Navy and Marine Corps Base Realignment and Closure (BRAC) efforts. The
contract will also include unexploded ordnance support for the
Military Munitions Response Program (MMRP); environmental services for
fuel sites; expedited response actions; range sustainment activities;
and other environmental programs.
Dan Batrack, Tetra Tech's Chairman and CEO, said, "Tetra Tech has
been supporting NAVFAC Atlantic's environmental restoration mission
since 1982, and we are very pleased to have been selected for this
contract. Tetra Tech is committed to providing the Navy with the best
technical and customer service available."
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.
SOURCE: Tetra Tech, Inc.
Tetra Tech, Inc.
Jorge Casado, Investor Relations
Talia Starkey, Media & Public Relations
626-351-4664