Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          06-268-15-35  02-387304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                   9%          20%                             
02-SHA-5-58.0/67.0                    Federal Project:                                  
                                     ACIM-005-8(325)                                    
                             ACIM-005-8(325)                                            
                                                                                        
Progress payment No. 02            Payment period ending: 09-20-06                      
J F SHEA CONSTRUCTION INC                                                               
P O BOX 494519                                                                          
REDDING CA 960494519                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,136,050.16      266,416.49                      
2.a. Extra Work                           2,496.45        2,496.45                      
  b. Adjustment Comp.                      -729.62         -729.62                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,137,816.99      268,183.32                      
5. Mobilization                         459,627.00            0.00                      
6. Total Work Completed    1,597,443.99                                                 
7. Deductions                            -1,580.57            0.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            1,595,863.42      268,183.32                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             268,183.32