secwatch.observer — SEC 8-K summary
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Issuer:     TETRA TECHNOLOGIES INC (TTI)
CIK:        0000844965
Form:       8-K
Filed at:   2026-06-15T20:13:27+00:00
Accession:  0000844965-26-000046
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TETRA enters construction MSA for Phases 2/3 of Arkansas bromine project; $95M expected cost
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- Subsidiary TETRA Bromine Project LLC signed MSA with Diversified Construction & Design for construction of Phases 2 and 3.
- Estimated remaining capex $220M as of March 31, 2026; ~$95M expected under this agreement.
- Liquidated damages for delay capped at $2M; warranty period 18 months after final acceptance, not beyond Dec 31, 2029.
- Work orders to define scope, price (fixed-price or rate basis), and schedule per MSA terms.
- TBP may terminate without cause on 30 days' notice, paying demobilization costs plus 5% of unpaid contract price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844965/000084496526000046/0000844965-26-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844965/000084496526000046/tti-20260612.htm
  HTML page:      https://secwatch.observer/filing/0000844965-26-000046

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