Tetra Tech, Inc. (NASDAQ: TTEK) announced today it has been awarded three indefinite delivery indefinite quantity (IDIQ) contracts with the U.S. General Services Administration (GSA). The One Acquisition Solution for Integrated Services (OASIS) contracts are designed as vehicles to address all federal agencies’ needs for a full range of service requirements that integrate multiple professional service disciplines. The multiple-award contracts are for a five-year base period with a five-year option and are open to all federal agencies with an unlimited ceiling value.
Under the OASIS contracts, Tetra Tech has been selected to perform services in three primary areas: 1) Engineering, Environmental, Management Consulting; 2) Engineering for Military and Aerospace Equipment; and 3) Research and Development in the Physical, Engineering, and Life Sciences.
“Tetra Tech has demonstrated experience providing integrated professional services for the U.S. Department of Defense and a variety of civil service federal agencies,” said Dan Batrack, Tetra Tech Chairman and CEO. “We have managed 27 multiple-award IDIQ contracts for GSA with more than $700 million in task orders in the past five years. These new awards provide additional access and capacity to our large portfolio of contracts with the federal government.”
Key data points: The growth forecast = 7.2% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities and forecasts in aerospace fastener market to 2031 by aircraft type (commercial, business & general aviation, and military), product (bolts, nuts, screws, rivets, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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