John A. Fees: Yes, we would, by the end of the fourth quarter that those would be complete.

Jamie Cook (Credit Suisse): What are your views on doing fixed priced contracts on the J. Ray business longer term?

John A. Fees: The mix that we have in the J. Ray side will be fairly typical of the mix going forward. Often Jamie, it''s not our decision. It''s all from the client''s decision as to whether or not he''s going to try to go to lump sum contracting or whether or not he is willing to go to some type of share rearrangement or some reimbursable basis.

If you go to our power experience, we''ve worked really very hard with our clients to try to look at risk sharing on an ongoing basis. We''ve done that very successfully domestically in the power business and so there is no reason that we wouldn''t try to keep our risk about this and keep our philosophies consistent there, but often that''s really not our choice, it''s more the clients'' choice in terms of where they want to proceed.

But we understand what these risks all, we understand the variances that have occurred over the last year or so and will certainly work to the best extend we can to minimize to risk of corporation in this bidding.

John Rogers (D.A. Davidson & Co.): On the power gen side,do you expect to be new facilities as opposed to upgrades or retrofits of existing equipment?

John A. Fees:The majority of our business going into 2009 will be related to existing infrastructure. We are probably on a run rate basis, probably run roughly about 20% and then what we will consider to be the new business area. They recognize that some of that''s coming out of backlog and I would say at the bookings level it might be a little bit less in that.

We would anticipate we would anticipate the majority of the awards that we would announce in the nuclear area are going to be service and components, steam generator replacements, things along those lines.

That profile will change into the future once we see some release of the constraints that we have relative to carbon and CO2 and legislation that might occur and we''re certainly working to prepare ourselves for that environment when it happens. But that''s going to be a 2010 and beyond environment not within the next year.

John Rogers (D.A. Davidson & Co.): Are there any existing boiler projects, in not only the power generation, but, something up in Canada as well that are at risk that are in backlog now?

John A. Fees: I would say no. On any project you see things being accelerated and things being delayed. But, what we see right now I would not consider to be outside of the normal mix. Generally, these things are financed and before the first step moves of the project, the financing is generally 100% available to complete project out.

Joe Gibney (CapitalOne Southcoast): On the B&W side, absent the oil sands, are there other power gen, opportunities that you guys looking at outside of the U.S. and any color there, anything new that you''re looking at outside the domestic market?

John A. Fees: We certainly have great joint venture facility in China that''s very active and very busy. We do not see any weakening in that demand currently at this time. We announced in recent periods that we have developed a relationship in India with the licensee there.

That relationship is leading not only to some licensing work in that region, but some ongoing discussions about some nature power projects that we can pursue in India and so there is activity there.

We have bid some jobs into Middle East for all burning diesel plants and we have had some traction on some bids that we put out there. So, if you take a look at the profile, we would expect that to be a more significant part of what we''re doing in the power business over the next 2 or 3 years and it has been in the past.

Tahira Afzal (KeyBanc Capital Markets): Is the reverse announcement you set up a heavy a component facility in the U.S. going to impact your potential participation in the market there on the replacement cycle and perhaps whenever it happens a nuclear cycle?

John A. Fees: We do not think so. Its a confirmation of work is the possibility to occur in lifecycle recognizing also that if you take a look our nuclear facilities that are spread between Barberton, Mount Vernon and Cambridge, Ontario, it would be very difficult to replace that for the kind of value that they announced in their announcement.

Tahira Afzal (KeyBanc Capital Markets): In India, what role are you playing in terms of nuclear build?

John A. Fees: We have been involved with the U.S. government in the dialogue as well as a number of other nuclear suppliers out of North America and Europe looking at the potential of the market for India.

We have certainly not ruled out any kind of level of participation relative to that market. And it does have some potential for us, but I would say that those discussions at this point would be what I would classify as preliminary.