Question-and-Answer Session
Operator
The question-and-answer session will be conducted electronically. (Operator instructions). We will pause for just a moment to give everyone the opportunity to signal for questions. Our first question comes from Michael Novak with Frontier Capital. Your line is open.
Michael Novak – Frontier Capital
Good morning.
Jose Mas
Good morning Michael.
Michael Novak – Frontier Capital
Two questions. The first is you mentioned the excess capacity that you're keeping on board looking to 2010, can you give us a sense of how much that is impacting operating income today?
Jose Mas
You know we can't Michael. It is a difficult number to obviously compute because it is not just the cost that you are incurring today but obviously the loss of profits on the work that could be performing if they would be busy. So we kind of think that we're looking at 50 basis points to 100 basis points of margin based on what we would say is underutilization today.
Michael Novak – Frontier Capital
And then the second question I had is on the renewable side. I think you said your current backlog for wind is 640 MW and that compared to the 1000 that Wanzek did in 2008, how much does it look like Wanzek's going to do this year?
Jose Mas
So just to be clear on the 640, 640 is what we will be taking into 2010. It is currently a little bit higher number and some of it will be completed throughout the balance of 2009. So at this point most of the work that we have been awarded over the course of the last couple of months is really you know work that's going to hit in 2010, so we're kind of counting it that way. We're going to end up doing less than 640 MW for all of 2009, the number is probably somewhere between 500 MW to 600 MW.
Michael Novak – Frontier Capital
Okay. And what – I missed this but I think you said the additional amount of megawatts projects that you are bidding on today?
Jose Mas
You know we are seeing that level of activity in bids and negotiations right now which is extremely active because we are going to see projects throughout all of 2010 we believe. So we think that obviously the number could grow substantially over the course of the next quarter or two and we are very excited about that.
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