Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          12-121-13-13  01-0A0604                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-LAK-20-31.8/37.1                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 08            Payment period ending: 12-09-11                      
ARGONAUT CONSTRUCTORS                                                                   
P O BOX 639                                                                             
SANTA ROSA CA 95402                                                                     
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,092,725.94        1,297.20                      
2.a. Extra Work                         928,799.19      -44,710.83                      
  b. Adjustment Comp.                    47,465.33       48,488.92                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        3,068,990.46        5,075.29                      
5. Mobilization                         303,000.00            0.00                      
6. Total Work Completed    3,371,990.46                                                 
7. Deductions                          -115,757.32        3,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            3,256,233.14        8,075.29                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                               8,075.29