Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          03-296-15-11  02-261204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  82%          71%                             
02-SHA-299-20.2/23.8                    Federal Project:                                
                                     ACNH-P299(133)                                     
                                                                                        
                                                                                        
Progress payment No. 09            Payment period ending: 10-20-03                      
J F SHEA CO INC                                                                         
P O BOX 494519                                                                          
REDDING CA 960494519                                                                    
                                                                                        
                                                                                        
Escrow No.  02017                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       5,341,770.47    1,968,595.52                      
2.a. Extra Work                       1,196,568.70      217,799.47                      
  b. Adjustment Comp.                    13,388.19      -36,921.00                      
3. Materials on Hand                          0.00      -44,100.89                      
4. Earned Subject to Retention        6,551,727.36    2,105,373.10                      
5. Mobilization                         400,000.00       20,000.00                      
6. Total Work Completed    6,951,727.36                                                 
7. Deductions                           -11,125.00            0.00                      
8. a.Contract Retentions               -327,586.37     -105,268.66                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            6,613,015.99    2,020,104.44                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       327,580.00                                                  
12. Net Pymt. this Estimate                           2,020,104.44