Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          10-014-15-53  01-470604                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-LAK-29-18.5/19.1                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 05            Payment period ending: 11-16-09                      
ARGONAUT CONSTRUCTORS                                                                   
1236 CENTRAL AVENUE                                                                     
SANTA ROSA CA 95401                                                                     
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         620,345.11            0.00                      
2.a. Extra Work                          87,412.40       83,859.57                      
  b. Adjustment Comp.                     5,400.00        5,400.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          713,157.51       89,259.57                      
5. Mobilization                                                                         
6. Total Work Completed      713,157.51                                                 
7. Deductions                            -3,000.00       41,200.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              710,157.51      130,459.57                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             130,459.57