Exhibit 99.2


         Report of Independent Accountants on Financial Statement Schedules


To the Board of Directors
of Michael Baker Corporation


Our audits of the consolidated financial statements referred to in our report 
dated February 16, 1996 (except as to Notes 6 and 12, which are as of March 22,
1996), appearing within the Exhibit 13.1 which has been incorporated by 
reference into various items of Michael Baker Corporation's Annual Report on
Form 10-K, also included an audit of the Financial Statements Schedules as of 
and for the years ended December 31, 1995 and 1994, listed in Item 14(a)(2) of
this Form 10-K.  In our opinion, these Financial Statement Schedules present 
fairly, in all material respects, the information set forth therein when read
in conjunction with the related consolidated financial statements.


/s/ Price Waterhouse LLP
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Price Waterhouse LLP
Pittsburgh, Pennsylvania
February 16, 1996