Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          06-235-13-01  02-360604                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  34%          51%                             
02-SHA-89-21.3/26.5                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 04            Payment period ending: 08-18-06                      
J F SHEA CONSTRUCTION INC                                                               
P O BOX 494519                                                                          
REDDING  CA 960494519                                                                   
                                                                                        
                                                                                        
Escrow No.  02220                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,048,819.92    1,001,569.37                      
2.a. Extra Work                          67,467.03       41,610.76                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                     26,410.31            0.00                      
4. Earned Subject to Retention        2,142,697.26    1,043,180.13                      
5. Mobilization                         688,750.00      145,000.00                      
6. Total Work Completed    2,805,036.95                                                 
7. Deductions                           -12,687.50      -11,250.00                      
8. a.Contract Retentions               -150,150.02      -40,198.31                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            2,668,609.74    1,136,731.82                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       150,150.00                                                  
12. Net Pymt. this Estimate                           1,136,731.82