Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          09-036-08-16  01-488204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-LAK-29-7.4/7.6                    Federal Project:                                   
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 03            Payment period ending: 01-16-09                      
ARGONAUT CONSTRUCTORS                                                                   
P O BOX 639                                                                             
SANTA ROSA CA 95402                                                                     
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         103,993.90     -173,267.30                      
2.a. Extra Work                         226,148.27      226,148.27                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
4. Earned Subject to Retention          330,142.17       52,880.97                      
5. Mobilization                          29,000.00            0.00                      
6. Total Work Completed      359,142.17                                                 
7. Deductions                           -35,000.00      -10,000.00                      
8. a.Contract Retentions                -13,863.06            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          13,863.06       13,863.06                      
9. Total pay to Contractor              324,142.17       56,744.03                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              56,744.03