EARTH TECH NEWS
EARTH TECH WINS USD$100 MILLION ID/IQ ENVIRONMENTAL RESTORATION CONTRACT WITH NAVY IN PACIFIC REGION
Cost Plus Award Fee Contract is Second CLEAN Contract for Earth Tech
LONG BEACH, Calif. – April 13, 2004 – Earth Tech Inc., a global provider of consulting, engineering and construction services, has been awarded a USD$100 million indefinite delivery/indefinite quantity environmental services contract by the U.S. Navy.
Under the 10-year Comprehensive Long-Term Environmental Action Navy (CLEAN) contract, Earth Tech will support task orders issued by the Naval Facilities Engineering Command, Pacific Division (NAVFAC EFD Pacific) for work primarily on environmental restoration projects. Earth Tech will provide a full range of technical, engineering, and program management services.
These services, which will be performed under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), will help the Navy/Marine Corps complete their cleanup of past hazardous disposal sites at installations in Hawaii, Guam, Japan, Korea, Diego Garcia, Singapore, and other areas in the Pacific and Indian Oceans. The contract may also be used by other government agencies.
This award is Earth Tech's second CLEAN contract with NAVFAC EFD Pacific. Since 1995, Earth Tech has helped NAVFAC EFD Pacific bring more than 50 CLEAN sites successfully through the CERCLA process.
“Winning the latest CLEAN contract is a reflection of the quality of the services Earth Tech has provided NAVFAC EFD Pacific,” said Sandy Cuttino, head of Earth Tech's operations in the United States. “We have enjoyed a long and successful relationship with the Navy and are confident that we will continue to help them meet their objectives throughout the Pacific Region.”
This CLEAN contract begins Earth Tech's third decade of service to the Pacific Division. In addition to environmental services, Earth Tech has provided design and construction services for infrastructure, housing, military facilities, roads, fuel supply systems, and airfield projects throughout the Pacific Region.
Working with Earth Tech as subcontractors on the CLEAN team are two Hawaii-based small businesses, Environet, Inc., a native Hawaiian/veteran-owned small disadvantaged business, and Wil Chee Planning, Inc., a subcontractor of Earth Tech on the previous CLEAN contract and a former protégé under the Navy's Mentor-Protégé program.
About Earth Tech
Earth Tech is a global provider of consulting, engineering and construction , services for the transportation, water/wastewater, facilities and environmental markets. Serving commercial, industrial and government clients worldwide, the company employs 8,500 people in over 130 offices in 17 countries. As part of Tyco Engineered Products and Services, Earth Tech combines its technical expertise with the resources of other Tyco companies to provide turnkey project solutions, including financing, for its clients around the world. Earth Tech is headquartered in Long Beach, California.
About Tyco Engineered Products & Services
Tyco Engineered Products & Services, a business segment of Tyco International Ltd., consists of four global businesses, Electrical & Metal Products; Fire & Building Products; Flow Control; and Infrastructure Services. Tyco Engineered Products & Services has industry leadership positions in the Fire Protection, Construction, Process Industrial, Water/Wastewater and Electrical markets, providing complete application solutions by utilizing the synergies among its products and services, along with the well-established brands around the world.
Forward-Looking Statements
This release may contain certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. All statements contained herein that are not clearly historical in nature are forward looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. The forward-looking statements in this release include statements addressing the following subjects: future financial condition and operating results. Economic, business, competitive and/or regulatory factors affecting Tyco's businesses are examples of factors, among others, that could cause actual results to differ materially from those described in the forward-looking statements. Tyco is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.More detailed information about these and other factors is set forth in Tyco's Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2003. Tyco is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
