It's very difficult to actually quantify that risk. I think, with the initial executive order that President Biden announced, we are largely exempt from the provisions related to buy American, under that provision, so we're not too concerned about that, or at least not as concerned.
What we're more concerned about is the upcoming infrastructure bill that the administration is working on, which could include up to two trillion dollars' worth of infrastructure spending, much of which would go down to state governments and municipal governments. We do not have a waiver with respect to those kinds of products. Unless we get this right or unless we get some kind of special considerations or exemptions or waivers, we would lose the opportunity to be able to compete on projects under that infrastructure bill, which obviously is quite large.
However, we are focused on talking to the U.S. about this. They've indicated that there's an open door to consult on potential implications. They recognize the integrated market and the kind of disruption they could cause by insisting on buying American across the board, so we're going to be taking a very detailed look at all of this to ensure that our interests can be covered off under this infrastructure bill once it's approved in the U.S.