Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          06-081-09-08  02-327204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  98%          98%                             
02-SHA-273-R16.7/20.0                    Federal Project:                               
02-SHA-5-R18.5/R19.1                                     IM                             
                             P-X089(81)                                                 
                                                                                        
Progress payment No. 25            Payment period ending: 03-20-06                      
J F SHEA CO INC                                                                         
P O BOX 494519                                                                          
REDDING CA 960494519                                                                    
                                                                                        
                                                                                        
Escrow No.  02175                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       9,357,643.22        7,511.00                      
2.a. Extra Work                       1,668,785.68       47,311.28                      
  b. Adjustment Comp.                   306,493.78      134,384.13                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       11,332,922.68      189,206.41                      
5. Mobilization                         450,000.00            0.00                      
6. Total Work Completed   11,782,922.68                                                 
7. Deductions                            -5,000.00            0.00                      
8. a.Contract Retentions               -566,646.13       -9,460.32                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           11,211,276.55      179,746.09                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       566,640.00                                                  
12. Net Pymt. this Estimate                             179,746.09