Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-058-12-18  02-1H58U4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    52%           45%

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

Progress payment No. 025                     Payment period ending: 02-20-26
MERCER FRASER COMPANY
PO BOX 1006
EUREKA CA 95502-1006

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            34,880,102.94         140,218.93
 2. a. Extra Work                            7,950,510.16         212,800.00
    b. Adustment Comp.                         -35,000.00               0.00
 3. Materials on Hand                        2,058,359.00         216,294.00
 4. Earned Subject to Retention             44,853,972.10         569,312.93
 5. Mobilization                             7,983,940.92               0.00
 6. Total Work Completed     50,779,554.02
 7. Deductions                                  -2,000.00          10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 52,835,913.02         579,312.93
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       579,312.93