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TTEK

Tetra Tech

$50.35

0.1 (0.20%)

09:06
02/27/18
02/27
09:06
02/27/18
09:06

Tetra Tech awarded $32M Uganda contract from USAID

Tetra Tech announced that the U.S. Agency for International Development, or USAID, has awarded the company a $32M, single-award contract to expand the delivery of water, sanitation, and hygiene, or WASH services in Uganda. Under the five-year Uganda Sanitation for Health Activity contract, Tetra Tech will provide technical services to increase household access to sanitation and water services and improve health through evidence-based behavior change campaigns in homes, schools, and health facilities. To effectively document behavior change, Tetra Tech will collect data using innovative methods such as sensors, water usage information, and mobile texting surveys. Tetra Tech will support USAID to build the capacity of local government partners and will work with the Ugandan Ministry of Health and Ministry of Water and Environment to support WASH sector policy reforms. To help ensure long-term sustainability of project outcomes, Tetra Tech will collaborate with local, private sector service providers to encourage investment in WASH facilities, facilitate public-private partnerships, and develop innovative financing arrangements for sanitation and hygiene services.

  • 11

    Mar

TTEK Tetra Tech
$50.35

0.1 (0.20%)

08/04/17
ROTH
08/04/17
NO CHANGE
Target $50
ROTH
Buy
Tetra Tech pullback provides 'opportunistic' entry point, says Roth Capital
Roth Capital analyst Gerry Sweeney noted that oil related headwinds will likely continue to impact Tetra Tech estimates into 2018, though he thinks this week's 12% pullback in the stock provides an "opportunistic" entry point given the company's record backlog and overall cash flow generation. Sweeney lowered his target on Tetra Tech to $50 from $52, but maintains a Buy rating on the shares.

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