Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-325-14-02  01-0B5304
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    79%           86%

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

Progress payment No. 020                     Payment period ending: 11-20-23
MERCER FRASER COMPANY
PO BOX 1006
EUREKA CA 95502-1006

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            13,797,971.96         800,818.89
 2. a. Extra Work                               20,918.04          10,798.04
    b. Adustment Comp.
 3. Materials on Hand                          226,908.00               0.00
 4. Earned Subject to Retention             14,045,798.00         811,616.93
 5. Mobilization                             2,000,000.00               0.00
 6. Total Work Completed     15,818,890.00
 7. Deductions                                  -2,000.00          72,123.98
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 16,043,798.00         883,740.91
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       883,740.91