Pierre one query on your numbers is does the switch from lump sum contracts to target cost estimates imply a lower (but more certain) margin?
We reduce the risk of cost overruns with a fixed price contract, but do we reduce the margin up front when signing the contract. That might imply a lower margin going forward, but less risk of the unexpected losses on contracts.
The other question is whether the change to TCE contracts is attractive to clients? Will it be harder to get new contracts?
Pierre one query on your numbers is does the switch from lump...
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