Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          12-202-10-59  01-475014                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  28%          27%                             
01-HUM-254-5.8/5.9                    Federal Project:                                  
                                     ACST-43M0(4)                                       
                             P-43M0(4)                                                  
                                                                                        
Progress payment No. 03            Payment period ending: 07-19-12                      
MERCER FRASER COMPANY                                                                   
P O BOX 1006                                                                            
EUREKA CA 955021006                                                                     
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         342,793.60      220,105.50                      
2.a. Extra Work                                                                         
  b. Adjustment Comp.                                                                   
3. Materials on Hand                          0.00      -42,137.77                      
4. Earned Subject to Retention          342,793.60      177,967.73                      
5. Mobilization                          66,500.00       14,000.00                      
6. Total Work Completed      409,293.60                                                 
7. Deductions                            -1,000.00       -1,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              408,293.60      190,967.73                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             190,967.73