Parsons Corp Q4 2020 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Michael Louie DiPalma - William Blair & Company L.L.C., Research Division - Analyst : You've noted the optimism regarding President Biden and his plans to revise transportation infrastructure here in the U.S. And you mentioned how you have relationships with over 80 transportation agencies, and you also have a pretty strong partnership with Neology for tolling tech. I was wondering is there any way you can, at a high level, quantify how much of your revenue is related to transportation infrastructure? And how do you expect a Biden stimulus/transportation policy to play out over the next several years? And how would that like impact your revenue?

Question: Michael Louie DiPalma - William Blair & Company L.L.C., Research Division - Analyst : Great. And you're also involved with the New York City congestion tech deployment with TransCore, right? I would assume that project has been delayed as it relates to COVID. But over the long term, do you expect that project to be resumed and further to be congestion tech's deployment in other cities in the United States potentially with funding from an infrastructure bill?