Dept. of Trans.       FINAL   Serial No.  Contract No.                                  
                                          07-340-11-58  01-403814                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-DN-197-R0.8/4.0                    Federal Project:                                  
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 03            Payment period ending: 07-31-07                      
TIDEWATER CONTRACTORS INC                                                               
P O BOX 1956                                                                            
BROOKINGS OR 97415                                                                      
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         335,087.85            0.00                      
2.a. Extra Work                          25,537.92       25,537.92                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
4. Earned Subject to Retention          360,625.77       25,537.92                      
5. Mobilization                                                                         
6. Total Work Completed      360,625.77                                                 
7. Deductions                                 0.00       13,000.00                      
8. a.Contract Retentions                -12,196.13            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          12,196.13            0.00                      
9. Total pay to Contractor              360,625.77       38,537.92                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              38,537.92