Question-and-Answer Session
Operator
Thank you. (Operator Instructions) Your first question comes from Jamie Cook - Credit Suisse.
Jamie Cook - Credit Suisse
First question, Brian, relates to the issues in the Fossil and Nuclear segment. The one project you mentioned charges, can you, the coal project that I believe is 90 to 95% complete is that the same project as last quarter? And if so can you quantify the dollar amount? And then the second question on the I believe the scrubber project that just started, you mentioned increased labor and material costs, if you could just give us a little more color on what the issues there? I guess it’s of particular concern given we’re just sort of in the beginning stages of that project. And I do have a follow up after that.
Brian Ferraioli
Okay, Jamie. Let me make sure I hit them all. First of all, the charges that were inferred here are not related to the project that we talked about last quarter. Okay? Both are coal projects. One is an air emissions project. They’re both though pretty far advanced. The air emissions one is not a new project. Both have to do with labor productivity, increased labor costs. They’re well into the field and very near completion.
Jamie Cook - Credit Suisse
The coal plant and the emissions plant are 90 to 95% complete?
Brian Ferraioli
Correct.
Jamie Cook - Credit Suisse
Okay. I thought you said one of the projects had just started. Maybe I was incorrect.
J. M. Bernhard Jr.
There was a project that’s in start up.
Jamie Cook - Credit Suisse
Oh, that was start up. I apologize. Okay. And then I guess my last question before I get back in queue, I was a little surprised, I mean, actually you didn’t quantify the charge, before I go on to my last question. How big was it?
Brian Ferraioli
We have not quantified that and we’re just going to leave it there. And we think the results for the quarter, for the group, pretty much speak for themselves.
Jamie Cook - Credit Suisse
I guess my last question, Brian, I was a little surprised that you guys lowered guidance in the fourth quarter. I mean I think your fourth quarter implies $0.46, which is well below last year and sort of the run rate we saw in the first three quarters, if you ex out the charges I guess in the second quarter. So I’m just trying to get a feel for why the weakness in? Are we assuming any run over from the issues that we’ve had in the third quarter?
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