Highway and Street Construction
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Call Preparation Questions
How does the company manage changes or delays in government spending for highway and street construction?
Although funding for major highway construction projects isn't immediately affected by lower government revenues, repair projects are often postponed during periods of economic slowdown, as government budgets are squeezed.
How does the company mitigate fluctuating raw material costs?
Higher oil prices can hurt highway contractors, raising costs for paving asphalt, bituminous concrete, plastic pipe products, material deliveries, and for running equipment fleets.