Correct.
I think there's one other very important caveat. If we're going to have union bidding and unions are going to be able to take money in these funds called MERFs or STABs and use them to compete against the union-free, that strikes me as some sort of cartel-like restraint on trade that I'm shocked exists. In many of these public projects, it's the taxpayers' money that ends up in these fund that are turned around and used to subsidize their bids.