Presentations & Events Disclaimer
The following slide presentations and/or recorded audio files contain
forward-looking statements regarding projected earnings levels, cost reductions,
new awards and backlog levels and the implementation of strategic initiatives.
Forward-looking statements may be identified by the use of words like
"plan," "expect," "aim," "believe,"
"project," "anticipate," "intend," "estimate,"
"will," "should," "could" and other expressions
that indicate future events and trends. Forward-looking statements are
based on certain assumptions and expectations of future events that are
subject to risks and uncertainties. Actual future results and trends may
differ materially from historical results or those projected in any such
forward-looking statements depending on a variety of factors. These risk
factors include, but are not limited to:
1) Economic downturns and
reductions in government funding,
2) Increased project costs due to fixed price and fixed unit price contracts,
3) Significant estimates used in accounting for revenues and costs,
4) The impact of weather on our quarterly revenues and profitability,
5) Attracting and retaining qualified personnel in a competitive environment,
6) An increasingly competitive marketplace,
7) An inability to secure and permit aggregate reserves when needed,
8) Environmental regulations,
9) Union strikes or work stoppages,
10) The unavailability of insurance coverage,
11) An inability to obtain bonding,
12) Joint venture contracts requiring our completion of the contract if
the partner fails to perform,
13) The use of diesel fuel, asphalt oil, and other petroleum based products
subject to significant price fluctuations,
14) The ability to integrate and profitably operate new acquisitions included
as part of our growth strategy,
15) The failure of our subcontractors to perform as anticipated, and
16) A failure to meet restrictive debt covenants.
While most risks affect only future costs or revenues anticipated by
the Company, some risks may relate to accruals that have already been
reflected in earnings. The Company's failure to receive payments of accrued
amounts could result in a charge against future earnings. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of their dates. We undertake no duty to update or
revise any forward-looking statements, whether as a result of new information,
future events or otherwise.
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