Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-234-10-56  01-0B5304
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    65%           68%

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

Progress payment No. 017                     Payment period ending: 08-20-23
MERCER FRASER COMPANY
PO BOX 1006
EUREKA CA 95502-1006

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            10,986,614.33       1,018,565.93
 2. a. Extra Work                               10,120.00               0.00
    b. Adustment Comp.
 3. Materials on Hand                          453,465.00        -239,918.00
 4. Earned Subject to Retention             11,450,199.33         778,647.93
 5. Mobilization                             2,000,000.00               0.00
 6. Total Work Completed     12,996,734.33
 7. Deductions                                 -64,123.98               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 13,386,075.35         778,647.93
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       778,647.93