Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          10-048-13-08  01-476304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-MEN-162-11.6/11.8                    Federal Project:                                
                                     ER-43H7(4)                                         
                                                                                        
                                                                                        
Progress payment No. 05            Payment period ending: 12-07-09                      
ARGONAUT CONSTRUCTORS                                                                   
P O BOX 639                                                                             
SANTA ROSA CA 95402                                                                     
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         575,216.57          500.00                      
2.a. Extra Work                         105,315.18       71,465.45                      
  b. Adjustment Comp.                   -20,854.54            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          659,677.21       71,965.45                      
5. Mobilization                          67,000.00            0.00                      
6. Total Work Completed      726,677.21                                                 
7. Deductions                            -1,000.00       10,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              725,677.21       81,965.45                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              81,965.45