Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          06-024-10-31  02-327204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  91%          94%                             
02-SHA-273-R16.7/20.0                    Federal Project:                               
02-SHA-5-R18.5/R19.1                                     IM                             
                             P-X089(81)                                                 
                                                                                        
Progress payment No. 23            Payment period ending: 01-20-06                      
J F SHEA CO INC                                                                         
P O BOX 494519                                                                          
REDDING CA 960494519                                                                    
                                                                                        
                                                                                        
Escrow No.  02175                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       9,284,282.73       27,878.17                      
2.a. Extra Work                       1,517,772.52      155,104.99                      
  b. Adjustment Comp.                   172,109.65     -126,126.57                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       10,974,164.90       56,856.59                      
5. Mobilization                         450,000.00            0.00                      
6. Total Work Completed   11,424,164.90                                                 
7. Deductions                            -5,000.00      252,935.68                      
8. a.Contract Retentions               -548,708.25       -2,842.83                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           10,870,456.65      306,949.44                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       548,700.00                                                  
12. Net Pymt. this Estimate                             306,949.44