Benzinga | Dec 16, 2021 03:02PM EST

Tetra Tech Bags Position In All Six Lots On 1.7B UK Public Sector Framework

* Tetra Tech, Inc. (NASDAQ:TTEK) has won a place on Crown Commercial Service's Construction Professional Services framework, which has a potential spend of ?1.7 billion.

* Crown Commercial Service (CCS) supports the U.K.'s public sector to achieve maximum commercial value when procuring common goods and services.

* The framework will cover multi-discipline environmental, civil, and structural engineering, building services engineering, architectural, cost management, and project management services.

* Tetra Tech has secured a position on all six lots of the new four-year agreement.

* The new framework replaces CCS's previous Project Management and Full Design Team Services framework (RM3741), on which Tetra Tech was a named supplier.

* Price Action: TTEK shares are trading higher by 0.88% at $169.56 on the last check Thursday.