(3)

Accounts Payable and Accrued Expenses

The Company’s accounts payable and accrued expenses were comprised of the following at:

	June 30, 2012		December 31, 2011
Accounts payable	$	4,794,698	$	3,858,251
Accounts payable retainage		552,689		201,331
Accrued project costs		1,704,383		1,927,439
Restructuring liability		162,631		-
Other accrued expenses		705,248		899,073
Total accounts payable and accrued expenses	$	7,919,649	$	6,886,094

In an effort to align the Company’s resources with anticipated types of services and volume, during the six months ended June 30, 2012 the Company adopted a restructuring plan that included a reduction in employee work force by 18 employees. The restructuring plan resulted in a restructuring charge in the amount of $0.3 million, which is principally related to estimated employee severance, stock based compensation and post-employment health care costs to be paid by the Company in connection with implementing the restructuring plan. During the three and six months ended June 30, 2012, the Company made cash payments totaling $62,000 and $88,000, respectively. No such charges were recorded in the prior year.