Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          06-298-17-08  02-387304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  11%          34%                             
02-SHA-5-58.0/67.0                    Federal Project:                                  
                                     ACIM-005-8(325)                                    
                             ACIM-005-8(325)                                            
                                                                                        
Progress payment No. 03            Payment period ending: 10-20-06                      
J F SHEA CONSTRUCTION INC                                                               
P O BOX 494519                                                                          
REDDING CA 960494519                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,486,333.47      350,283.31                      
2.a. Extra Work                          31,204.22       28,707.77                      
  b. Adjustment Comp.                    -2,561.84       -1,832.22                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,514,975.85      377,158.86                      
5. Mobilization                         459,627.00            0.00                      
6. Total Work Completed    1,974,602.85                                                 
7. Deductions                            -1,580.57            0.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            1,973,022.28      377,158.86                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             377,158.86