Tetra Tech secures $16.9 million software development order under its $169 million IT services contract
PASADENA, Calif.–(BUSINESS WIRE)–Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, today announced that it has received a $16.9 million order to provide development, modernization and enhancements and other technical support as part of its $169 million, multi-awarded technology support services contract with the United States Department of Labor, Bureau of Labor Statistics (BLS ). The BLS is responsible for measuring labor market activity, working conditions, and price changes in the economy.
Under the five-year order, Tetra Tech’s Federal IT Services Group will provide full lifecycle technology services, including artificial intelligence and agile software development, to support the Office of Price and BLS Living Conditions and Office of Productivity and Technology to collect, analyze, and disseminate essential economic information to support public and private decision-making. Tetra Tech’s technology solutions experts will also provide statistical application development, database design, machine learning, and production support and maintenance.
“Using our Lead with science® approach, Tetra Tech provides software solutions to help BLS improve efficiency and make timely and accurate decisions,” said Dan Batrack, President and CEO of Tetra Tech. “We are delighted to continue our long-standing partnership with BLS to support their modernization efforts under this contract.”
About Tetra Tech
Tetra Tech is a leading provider of high-end consulting and engineering services for projects around the world. With 21,000 associates working together, Tetra Tech provides clear solutions to complex issues in water, environment, sustainable infrastructure, renewable energy and international development. We are Lead with science® provide sustainable and resilient solutions to our customers. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitterand Facebook.
All statements made in this release that are not based on historical fact are forward-looking statements. All 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 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 these forward-looking statements, see the discussion under the “Risk Factors” section included in the Company’s Forms 10-K and 10-Q filed with the Securities and Exchange Commission.