Tetra Tech Wins $500 M National Design-Build Contract with USCG

(Pasadena, Calif., September 22, 2009) -- Tetra Tech, Inc. (NASDAQ: TTEK) announced today that the TtEC-Tesoro Joint Venture was awarded a National Multiple Award Construction Contract (NMACC) with the U.S. Coast Guard that has a ceiling up to $500 million. The new contract will be used to execute construction and design-build projects at U.S. Coast Guard installations and U.S. Department of Homeland Security facilities across the United States and U.S. territories. The NMACC may include a variety of operational, waterfront, housing, and medical facilities, among other projects. Four other contractors were each awarded contracts with $500 million ceilings under this $2.5 billion total capacity, seven-year, indefinite delivery/indefinite quantity contract. Tetra Tech's CEO, Dan Batrack, said, "This contract represents a significant expansion in our contracting capacity for the U.S. Coast Guard and U.S. Department of Homeland Security."

Source: Tetra Tech Inc.
Date: Sep 23, 2009