1050915--3/2/2006--QUANTA_SERVICES

related topics

{acquisition, growth, future}

{cost, contract, operation}

{condition, economic, financial}

{loss, insurance, financial}

{tax, income, asset}

{control, financial, internal}

An economic downturn may lead to less demand for our services. Our financial results are based upon estimates and assumptions that may differ from actual results. Our use of percentage-of -completion accounting could result in a reduction or elimination of previously reported profits. Many of our contracts may be canceled on short notice, and we may be unsuccessful in replacing our contracts if they are cancelled or as they are completed or expire. Our business growth could outpace the capability of our corporate management infrastructure. We may not be successful in continuing to meet the requirements of the Sarbanes-Oxley Act of 2002. Factors beyond our control may affect our ability to successfully execute our acquisition strategy, which may have an adverse impact on our growth strategy.

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1050915--3/2/2006--QUANTA_SERVICES_INC