But most of the projects we're chasing on the services side are funded, and we just had a Our annual waste management conference this past week in Arizona, I met with many of our clients, and three out of the five projects that we expected to see this summer are still moving forward irrespective of the budget or the CR.

Mar 13, 2025 / CEO / receipt, needs a key / Mark Duff, CEO | earnings call 2025-03-13 | transcript af51546a-c38e-495c-bd34-773ebd70a911 | chars 18595-18916 | segment 19

I do expect that to have a very limited impact to the budget for 26. So, again, that's speculation based on our discussions with DOE and the contractors in Hanford, but it certainly lines up with the overall priorities here. of the DOE program. So overall, we don't have any idea, again, what the reductions might look like as far as they trickle down to projects. One thing we do know is that from the meetings last week is that the DOE said in several different conferences and meetings publicly that this administration, particularly in the environmental management side of the house and in the NSA side of the house, which is the weapons program, very much a bias towards execution. and doing things cheaper and commercialization, which is what we offer, is a big part of that. So we're excited about where it's going. Again, as you've seen on TV many times, there may be some disruption along the way, but right now we are excited to see a bias towards execution, which typically means waste generation.

Mar 13, 2025 / CEO / receipt, needs a key / Mark Duff, CEO | earnings call 2025-03-13 | transcript af51546a-c38e-495c-bd34-773ebd70a911 | chars 19638-20646 | segment 20