Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          05-237-14-54  01-413004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  47%          87%                             
01-MEN-101-39.4/40.9                    Federal Project:                                
                                     ACST-Q101(80)                                      
                             PH-Q101(80)                                                
                                                                                        
Progress payment No. 03            Payment period ending: 08-19-05                      
MERCER FRASER COMPANY                                                                   
P O BOX 1006                                                                            
EUREKA CA 95502                                                                         
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         332,782.80      163,050.00                      
2.a. Extra Work                                                                         
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
4. Earned Subject to Retention          332,782.80      163,050.00                      
5. Mobilization                          77,900.00            0.00                      
6. Total Work Completed      410,682.80                                                 
7. Deductions                            -6,495.00       -3,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              404,187.80      160,050.00                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             160,050.00