Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          06-255-11-48  02-1C9404                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  92%         100%                             
02-SHA-299-60.0/67.7                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 02            Payment period ending: 08-18-06                      
VALLEY SLURRY SEAL COMPANY                                                              
P O BOX 981330                                                                          
WEST SACRAMENTO CA 95798                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         732,797.58       57,824.95                      
2.a. Extra Work                           6,382.39        6,382.39                      
  b. Adjustment Comp.                   -12,161.37      -12,161.37                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          727,018.60       52,045.97                      
5. Mobilization                                                                         
6. Total Work Completed      727,018.60                                                 
7. Deductions                           -47,000.00      -18,292.00                      
8. a.Contract Retentions                -36,350.93       -2,602.30                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              643,667.67       31,151.67                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              31,151.67