Dept. of Trans.       FINAL   Serial No.  Contract No.                                  
                                          09-155-15-32  01-486904                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-MEN-1-60.8/62.3                    Federal Project:                                  
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 08            Payment period ending: 12-11-08                      
ARGONAUT CONSTRUCTORS                                                                   
P O BOX 639                                                                             
SANTA ROSA CA 95402                                                                     
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,616,300.87            0.00                      
2.a. Extra Work                          55,265.99            0.00                      
  b. Adjustment Comp.                   -11,900.88            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,659,665.98            0.00                      
5. Mobilization                         190,000.00            0.00                      
6. Total Work Completed    1,849,665.98                                                 
7. Deductions                                 0.00        1,000.00                      
8. a.Contract Retentions                -80,902.49            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          80,902.49            0.00                      
9. Total pay to Contractor            1,849,665.98        1,000.00                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                               1,000.00