Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          07-040-13-56  02-310904                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
02-SHA-36-7.5/7.7                    Federal Project:                                   
                                     ACST-P036(77)                                      
                             P-P036(77)                                                 
                                                                                        
Progress payment No. 16            Payment period ending: 11-07-06                      
MERCER FRASER COMPANY                                                                   
P O BOX 1006                                                                            
EUREKA CA 95502                                                                         
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,484,775.74       15,179.70                      
2.a. Extra Work                           9,043.45          633.63                      
  b. Adjustment Comp.                      -159.36         -205.19                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,493,659.83       15,608.14                      
5. Mobilization                         160,000.00            0.00                      
6. Total Work Completed    1,653,659.83                                                 
7. Deductions                           -11,000.00      -11,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            1,642,659.83        4,608.14                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                               4,608.14