{"id":761221,"date":"2023-06-01T09:05:00","date_gmt":"2023-06-01T13:05:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tetra-tech-awarded-60-million-water-asset-management-contract\/"},"modified":"2023-06-01T09:05:00","modified_gmt":"2023-06-01T13:05:00","slug":"tetra-tech-awarded-60-million-water-asset-management-contract","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tetra-tech-awarded-60-million-water-asset-management-contract\/","title":{"rendered":"Tetra Tech Awarded \u00a360 Million Water Asset Management Contract"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Tetra Tech Awarded \u00a360 Million Water Asset Management Contract<\/b><\/p>\n<p>PASADENA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tetratech.com%2F&amp;esheet=53411447&amp;newsitemid=20230531005997&amp;lan=en-US&amp;anchor=Tetra+Tech%2C+Inc.&amp;index=1&amp;md5=7eb8d7cebc4ea1535ec75222ceffa98c\">Tetra Tech, Inc.<\/a> (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that Scottish Water, Scotland\u2019s publicly owned water utility, awarded Tetra Tech a \u00a360 million, single-award contract to provide comprehensive asset management services.<\/p>\n<p>\nScottish Water delivers water and wastewater services across Scotland through 60,000 miles of pipes and more than 2,000 treatment works. Under this eight-year contract, Tetra Tech will inspect, analyze, and report on the condition of more than 2,500 assets annually, with a focus on the development of digital solutions to optimize the collection and analysis of data. This will enable Scottish Water to better understand rates of deterioration and help prioritize future maintenance and investment decisions for their water utility assets.<\/p>\n<p>\n&#8220;Tetra Tech has used our <i>Leading with Science<sup>\u00ae<\/sup><\/i> approach to support Scottish Water with technical and operational support, and critical infrastructure design services for more than 20 years,&#8221; said Dan Batrack, Tetra Tech Chairman and CEO. \u201cThrough our RPS operations in the United Kingdom, we look forward to incorporating the latest technologies to help Scottish Water make rapid and informed decisions to optimize and sustain their infrastructure assets.\u201d<\/p>\n<p><b>About Tetra Tech<\/b><\/p>\n<p>\nTetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 27,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development. We are <i>Leading with Science<sup>\u00ae<\/sup><\/i> to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tetratech.com&amp;esheet=53411447&amp;newsitemid=20230531005997&amp;lan=en-US&amp;anchor=tetratech.com&amp;index=2&amp;md5=903aaa4b9b119d65e7c92f3da5fcbec0\">tetratech.com<\/a> or follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftetra-tech%2F&amp;esheet=53411447&amp;newsitemid=20230531005997&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=a7fc2cf0bea12ef93f6ba1102d06aeff\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FTetraTech&amp;esheet=53411447&amp;newsitemid=20230531005997&amp;lan=en-US&amp;anchor=Twitter&amp;index=4&amp;md5=9ca9bd617b5ecf06f0191de95645616a\">Twitter<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Ftetratech%2F&amp;esheet=53411447&amp;newsitemid=20230531005997&amp;lan=en-US&amp;anchor=Facebook&amp;index=5&amp;md5=3b9eb27f4f8577c8890fb350c3c45671\">Facebook<\/a>.<\/p>\n<p><i>Any statements made in this release that are not based on historical fact are forward-looking statements.<\/i><i> Any forward-looking statements made in this release represent management\u2019s best judgment as to what may occur in the future. However, Tetra Tech\u2019s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions (&#8220;Future Factors&#8221;), 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 &#8220;Risk Factors&#8221; included in the Company\u2019s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230531005997r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230531005997\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230531005997\/en\/<\/a><\/span><\/p>\n<p>\nJim Wu, Investor Relations<br \/>\n<br \/>Charlie MacPherson, Media &amp; Public Relations<br \/>\n<br \/>(626) 470-2844<\/p>\n<p><b>KEYWORDS:<\/b> California Europe United States United Kingdom North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Utilities Sustainability Environment Energy Consulting Engineering Professional Services Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Tetra Tech Awarded \u00a360 Million Water Asset Management Contract PASADENA, Calif.&#8211;(BUSINESS WIRE)&#8211;Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that Scottish Water, Scotland\u2019s publicly owned water utility, awarded Tetra Tech a \u00a360 million, single-award contract to provide comprehensive asset management services. Scottish Water delivers water and wastewater services across Scotland through 60,000 miles of pipes and more than 2,000 treatment works. Under this eight-year contract, Tetra Tech will inspect, analyze, and report on the condition of more than 2,500 assets annually, with a focus on the development of digital solutions to optimize the collection and analysis of data. This will enable Scottish Water to better understand rates of deterioration and help prioritize &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tetra-tech-awarded-60-million-water-asset-management-contract\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tetra Tech Awarded \u00a360 Million Water Asset Management Contract&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-761221","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tetra Tech Awarded \u00a360 Million Water Asset Management Contract - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tetra-tech-awarded-60-million-water-asset-management-contract\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tetra Tech Awarded \u00a360 Million Water Asset Management Contract - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Tetra Tech Awarded \u00a360 Million Water Asset Management Contract PASADENA, Calif.&#8211;(BUSINESS WIRE)&#8211;Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that Scottish Water, Scotland\u2019s publicly owned water utility, awarded Tetra Tech a \u00a360 million, single-award contract to provide comprehensive asset management services. Scottish Water delivers water and wastewater services across Scotland through 60,000 miles of pipes and more than 2,000 treatment works. Under this eight-year contract, Tetra Tech will inspect, analyze, and report on the condition of more than 2,500 assets annually, with a focus on the development of digital solutions to optimize the collection and analysis of data. 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