Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          06-355-15-30  02-387304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  16%          54%                             
02-SHA-5-58.0/67.0                    Federal Project:                                  
                                     ACIM-005-8(325)                                    
                             ACIM-005-8(325)                                            
                                                                                        
Progress payment No. 05            Payment period ending: 12-20-06                      
J F SHEA CONSTRUCTION INC                                                               
P O BOX 494519                                                                          
REDDING CA 960494519                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,036,807.49      361,379.95                      
2.a. Extra Work                         187,976.22      156,772.00                      
  b. Adjustment Comp.                    -3,785.06            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        2,220,998.65      518,151.95                      
5. Mobilization                         689,440.50            0.00                      
6. Total Work Completed    2,910,439.15                                                 
7. Deductions                            -1,580.57            0.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            2,908,858.58      518,151.95                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             518,151.95