Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          11-314-16-47  01-0A1404                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-MEN-128-0.0/11.6                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 03            Payment period ending: 09-14-11                      
ARGONAUT CONSTRUCTORS                                                                   
P O BOX 639                                                                             
SANTA ROSA CA 95401                                                                     
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,026,146.10            0.00                      
2.a. Extra Work                          90,686.30       66,844.18                      
  b. Adjustment Comp.                     8,014.06      -29,966.60                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        2,124,846.46       36,877.58                      
5. Mobilization                                                                         
6. Total Work Completed    2,124,846.46                                                 
7. Deductions                           -14,000.00            0.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            2,110,846.46       36,877.58                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              36,877.58