Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          04-232-10-56  02-261204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
02-SHA-299-20.2/23.8                    Federal Project:                                
                                     ACNH-P299(133)                                     
                                                                                        
                                                                                        
Progress payment No. 18            Payment period ending: 08-06-04                      
J F SHEA CO INC                                                                         
P O BOX 494519                                                                          
REDDING CA 960494519                                                                    
                                                                                        
                                                                                        
Escrow No.  02017                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       8,747,230.43       64,805.13                      
2.a. Extra Work                       1,797,018.60          541.24                      
  b. Adjustment Comp.                    63,991.68        6,745.62                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       10,608,240.71       72,091.99                      
5. Mobilization                         400,000.00            0.00                      
6. Total Work Completed   11,008,240.71                                                 
7. Deductions                           -30,000.00      -13,500.00                      
8. a.Contract Retentions               -526,807.44            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         526,807.44      526,807.44                      
9. Total pay to Contractor           10,978,240.71      585,399.43                      
10. Reduction Amt to Escrow            -526,800.00     -526,800.00                      
11. Payment to Escrow       526,800.00                                                  
12. Net Pymt. this Estimate                              58,599.43