Dept. of Trans.      AFTER ACCEPTANCE       Serial No.    Contract No.
                                            16-015-08-26  01-0A6904
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                             100%          100%

Location:                                   Federal Project:
01-LAK-20-1.1/3.9                           HSNH-G---(---)
                                            -----P020(173)

Progress payment No. 005               Payment period ending: 01-05-16
APEX FENCE COMPANY INC
19896 ALEXANDER AVE
ANDERSON  CA 96007

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.            597,656.01        6,994.01
 2. a. Extra Work                           113,285.89       47,729.20
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention             710,941.90       54,723.21
 5. Mobilization                             39,100.00            0.00
 6. Total Work Completed        750,041.90
 7. Deductions                              -21,000.00      -21,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 729,041.90       33,723.21
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                  33,723.21