Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-335-15-09  02-1H58U4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    51%           49%

Location:                                         Federal Project:
02-PLU-70-58.2/R78.4                              ACNH-P070(146)

Progress payment No. 023                     Payment period ending: 11-20-25
MERCER FRASER COMPANY
PO BOX 1006
EUREKA CA 95502-1006

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            34,602,976.91       3,963,738.84
 2. a. Extra Work                            7,395,460.16         198,250.00
    b. Adustment Comp.                         -35,000.00               0.00
 3. Materials on Hand                        2,099,603.00              -0.87
 4. Earned Subject to Retention             44,063,040.07       4,161,987.97
 5. Mobilization                             7,983,940.92         399,197.05
 6. Total Work Completed     49,947,377.99
 7. Deductions                                 -32,000.00         -10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 52,014,980.99       4,551,185.02
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     4,551,185.02