Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-068-14-07  02-0K6104
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                     3%            0%

Location:                                         Federal Project:
02-PLU-70-32.9/33.2                               NONE
02-PLU-89-8.7/33.2

Progress payment No. 002                     Payment period ending: 02-20-26
STUDEBAKER ELECTRIC INC
3237 RIPPEY RD #100
LOOMIS CA 95650

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand                           46,067.08          16,683.25
 4. Earned Subject to Retention                 46,067.08          16,683.25
 5. Mobilization                                28,500.00          28,500.00
 6. Total Work Completed         28,500.00
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                     74,567.08          45,183.25
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                        45,183.25