Leading technical services provider
Tetra Tech, Inc.
) recently announced that the Atlantic Division of the Naval
Facilities Engineering Command (NAVFAC) has awarded it an
indefinite delivery/indefinite quantity (ID/IQ) environmental
planning services contract. Tetra Tech is one of the three firms
in this multiple contract worth $75 million, which has a one-year
base period with four one-year options.
As per the agreement, Tetra Tech will primarily provide
services - such as natural resources monitoring, management and
compliance - to support the navy's environmental planning
program. The program covers the Atlantic area, which includes the
continental United States, Europe, southwest Asia, and the
Tetra Tech has been aiding NAVFAC Atlantic's environmental
restoration mission since 1982. Moreover, the company has been
working with NAVFAC Atlantic under the Environmental Planning
services contract for five years. A couple of months back, it had
won a five-year single-award ID/IQ remedial action contract from
NAVFAC. The deal is worth $100 million and covers facilities
under the Atlantic Division's jurisdiction, including sites in
Connecticut, Maine, Massachusetts, Pennsylvania, Maryland, North
Carolina, the District of Columbia, Virginia, Puerto Rico, and
Tetra Tech is a leading player in providing services like
consulting, engineering and program management. The company also
supports the government and commercial clients by offering
solutions in environmental services, water, energy,
infrastructure and natural resources.
Tetra Tech currently carries a Zacks Rank #5 (Strong Sell).
However, other companies in the same industry that are worth
), Perma-Fix Environmental Services Inc.
Progressive Waste Solutions Ltd.
). While CECO carries a Zacks Rank #1 (Strong Buy), Perma and
Progressive each carry a Zacks Rank #2
PROGRESSV WASTE (BIN): Free Stock Analysis
CECO ENVIRNMNTL (CECE): Free Stock Analysis
PERMA-FIX ENVIR (PESI): Free Stock Analysis
TETRA TECH NEW (TTEK): Free Stock Analysis
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