Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          04-239-14-10  01-293204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-HUM-299-R1.5/R1.6                    Federal Project:                                
                                     ACBH-P299(132)                                     
                             NH-P299(132)                                               
                                                                                        
Progress payment No. 21            Payment period ending: 07-09-04                      
J F SHEA CO INC                                                                         
P O BOX 494519                                                                          
REDDING CA 960494519                                                                    
                                                                                        
                                                                                        
Escrow No.  01977                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,246,765.47            0.00                      
2.a. Extra Work                         167,873.43        8,085.54                      
  b. Adjustment Comp.                     5,194.71          -63.53                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        2,419,833.61        8,022.01                      
5. Mobilization                         170,000.00            0.00                      
6. Total Work Completed    2,589,833.61                                                 
7. Deductions                          -476,300.00       22,755.39                      
8. a.Contract Retentions               -114,399.70            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         114,399.70            0.00                      
9. Total pay to Contractor            2,113,533.61       30,777.40                      
10. Reduction Amt to Escrow            -114,390.00            0.00                      
11. Payment to Escrow       114,390.00                                                  
12. Net Pymt. this Estimate                              30,777.40