Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          13-053-08-26  02-2C4504                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  92%          84%                             
02-SHA-5-R44.4/R58.0                    Federal Project:                                
                                     ACIM-058(341)                                      
                             ACIM-058(341)                                              
                                                                                        
Progress payment No. 25            Payment period ending: 02-20-13                      
MERCER FRASER COMPANY                                                                   
P O BOX 1006                                                                            
EUREKA CA 955021006                                                                     
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      26,554,121.68      762,132.27                      
2.a. Extra Work                         256,747.11            0.00                      
  b. Adjustment Comp.                 2,760,477.72      -70,686.70                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       29,571,346.51      691,445.57                      
5. Mobilization                       1,000,000.00            0.00                      
6. Total Work Completed   30,571,346.51                                                 
7. Deductions                           -19,000.00            0.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           30,552,346.51      691,445.57                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             691,445.57