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Tetra Tech: Joint Venture Awarded $64 Million
Tetra Tech, Inc. announced today that the Tetra Tech-Tesoro joint venture (JV) team was recently awarded a $64 million firm fixed-price project at Fort Benning, Georgia, under its previously announced Multiple Award Task Order Contract (MATOC) with the U.S. Army Corps of Engineers, Savannah District. The team will provide design and construction services for an instruction facility, library, maintenance facility, and storage buildings.
The project will facilitate the U.S. Army Armor Center and School’s relocation to Fort Benning from Fort Knox, Kentucky, as part of the U.S. Department of Defense’s Base Realignment and Closure (BRAC) activities. The work is expected to be completed in 2010.
“Tetra Tech is pleased to be selected by the Corps for this important project,” said Tetra Tech’s Chairman and CEO Dan Batrack. “The Fort Benning project represents Tetra Tech’s most significant expansion into base infrastructure services under this round of BRAC.”
Tetra Tech’s JV partner, Tesoro Corporation, is a construction services company based in Virginia Beach, Virginia.
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.
Contact:
Tetra Tech, Inc.
Jorge Casado, Investor Relations
Talia Starkey, Media & Public Relations
626-351-4664
The project will facilitate the U.S. Army Armor Center and School’s relocation to Fort Benning from Fort Knox, Kentucky, as part of the U.S. Department of Defense’s Base Realignment and Closure (BRAC) activities. The work is expected to be completed in 2010.
“Tetra Tech is pleased to be selected by the Corps for this important project,” said Tetra Tech’s Chairman and CEO Dan Batrack. “The Fort Benning project represents Tetra Tech’s most significant expansion into base infrastructure services under this round of BRAC.”
Tetra Tech’s JV partner, Tesoro Corporation, is a construction services company based in Virginia Beach, Virginia.
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.
Contact:
Tetra Tech, Inc.
Jorge Casado, Investor Relations
Talia Starkey, Media & Public Relations
626-351-4664