Limbach (LMB), an HVAC engineering, construction, and service company, has had a very good year from an operating perspective, with one very significant caveat: ongoing cost overages in the Mid-Atlantic region. The company has seen backlog grow, its opportunity funnel widen, margins improve on their backlog (which bodes very well for 2019), and enjoyed strong re-orders from top customers. However, $8.1mn of cost overages in the Mid-Atlantic, much of which may ultimately be recovered in 2019 or beyond, have resulted in a reduction in EBITDA guidance from $20mn-$24mn, to $18-$20mn. At the midpoint