Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          07-362-12-36  01-307904                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-MEN-1-R10.2/11.2                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 15            Payment period ending: 10-31-07                      
ARGONAUT CONSTRUCTORS                                                                   
P O BOX 639                                                                             
SANTA ROSA CA 95402                                                                     
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,702,360.81            0.00                      
2.a. Extra Work                         214,823.15       15,669.90                      
  b. Adjustment Comp.                    -3,113.97       -3,113.97                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,914,069.99       12,555.93                      
5. Mobilization                         160,011.00            0.00                      
6. Total Work Completed    2,074,080.99                                                 
7. Deductions                           -28,507.90      -25,000.00                      
8. a.Contract Retentions                -95,075.70            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          95,075.70       37,496.63                      
9. Total pay to Contractor            2,045,573.09       25,052.56                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              25,052.56