North American Construction Group(NOA) - 2023 Q1 - Earnings Call Transcript

And what would the return profile look like for that type of investment? It passes our normal hurdle rates, Tim. 20% IRR, three to four-year payback sort of timeframe with -- these are longer life assets, but yes, very strong economics. Great. So like the $5 million to$10 million of investment, is that basically to build the fleet so that you have enough equipment to service the contract? Is that with an existing client? Okay, very interesting. All right. I appreciate all the details, guys. Nice quarter. I ...