We have a large, broad federal client base across both civilian and defense programs. So the margins are sort of in that range, sometimes a little bit higher, generally not lower. They will provide a brief overview of the results, and we'll open up the call for questions.So even as the current economic outlook remains uncertain in many ways, Tetra Tech is focused on generating positive cash flows in excess of our net income and proactively protecting the balance sheet to ensure more than adequate liquidity.
And I want to thank all of you on the phone for your insights, your questions and most importantly, your support of Tetra Tech. I'm looking forward to giving you an overview of what we are seeing across our business, what Tetra Tech's recent responses have been and the key areas that we're focused on for the remainder of this fiscal year 2020 and into next fiscal year.So overall, we had growth across most of our end markets. So low, we typically would think that it would be something less than 5% to no impact at all.
But I will say on the fixed price, which is around 35% of our margins I'm sorry, 35% of our revenues. The global response to the COVID-19 quickly expanded to widespread government stay-at-home orders, exempting essential services, which included most of what Tetra Tech does. So how do we think about that utilization element as we look at the business model?In addition, since management will be presenting some non-GAAP financial measures as references, the appropriate GAAP financial reconciliations are posted in the Investors section of Tetra Tech's website. But if it's going to not return in what we would call the relatively near future, we'll actually make appropriate adjustments. The commercial work that is regulatory driven, such as our environmental permitting and restoration services, has been less impacted and it's moving forward right now.Our high-end consulting and design services employ advanced analytics, which are well adapted to supporting our clients as they have increased needs to manage their systems remotely. 09 Jun 2020 Tetra Tech Provides Third Quarter and Fiscal Year 2020 Guidance; 14 May 2020 Tetra Tech's IP3 Launches Online Learning for Public-Private Partnership Professionals; 29 Apr 2020 Tetra Tech Reports Second Quarter 2020 Results; 22 Apr 2020 Tetra Tech Awarded $90 Million U.S. Air Force Environmental Services Contract And then when I inquire as to what that means, as they say, "Well, if there's a downturn, we would keep all of our staff, which you just alluded to, we would be committed to these items whereas you may not." So for instance, the Federal Aviation Administration, a space-based navigation program, first of its kind, doesn't exist globally. However, when you start to earn more money and your billing rate goes up, people start to use you less and less on their projects and it was difficult to remain 70% billable. Any rebroadcast of this information in whole or part without the prior written permission of Tetra Tech is prohibited.But the one item we tried to communicate and were very transparent, even a year ago, starting a year ago, is that Parkland piping or a midstream piping turnkey activity we have in Canada actually contributed a year ago about $34 million, $35 million, and we have successfully wound that down.
The net amount represents a small true-up of less than probably less than 2% of the total estimated liability.Thanks for taking my question guys. I know that in recent years you've seen a bit more funding coming from long-term bond measures.
Under a contract type, cost-plus fixed fee, or CPFF. Every financial crisis does have its own vagarities. So the very risk nature of the fixed price work is quite different than you might see in other companies even in this business.Very helpful. That's typically a contract issued with the federal government where items can't be as definitized. The fundamental services that Tetra Tech provides our clients in water, renewable energy, government services and emergency response are essential, relevant and represent long-term needs for our clients and the communities at large.Early in March, Tetra Tech implemented, and this was prior to the stay-at-home orders coming out, we implemented a companywide enhanced hygiene program. Here, we saw some immediate impacts for the commodity-related businesses associated with oil and gas and some of our mining clients. We maintain over 400 standing contracts with municipalities across the United States to help them plan, prepare, respond and recover from disasters.
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