Item 2.05 Costs Associated with Exit or Disposal Activities
On
The Partnership's reasons for exiting the business include the decline in new
pipeline construction projects and the inability to obtain more work directly
with pipeline owners on maintenance projects. CBI initiated and completed the
closure of its operations on
The Partnership expects to incur a loss of approximately
Costs associated with closure activities are based on currently available information and preliminary accounting assessments, and reflect management's best estimates; accordingly, actual cash costs and non-cash charges and their timing may differ from those stated above.
Item 2.06 Material Impairments
The information set forth above, in response to Item 2.05, is incorporated by reference herein, in response to Item 2.06.
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