Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-052-14-42  01-0B5304
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    50%           52%

Location:                                         Federal Project:
01-MEN-162-11.5/11.8                              STER-19FF(4)

Progress payment No. 011                     Payment period ending: 02-20-23
MERCER FRASER COMPANY
PO BOX 1006
EUREKA CA 95502-1006

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             8,068,203.93         349,444.92
 2. a. Extra Work                                3,900.00           3,900.00
    b. Adustment Comp.
 3. Materials on Hand                          744,493.45         -89,412.36
 4. Earned Subject to Retention              8,816,597.38         263,932.56
 5. Mobilization                             1,900,000.00               0.00
 6. Total Work Completed      9,972,103.93
 7. Deductions                                 -18,000.00          -5,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 10,698,597.38         258,932.56
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       258,932.56