Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-056-13-22  03-0J01U4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    30%           14%

Location:                                         Federal Project:
03-PLA-28-0.1/11.0                                CSTP-P028(12)

Progress payment No. 011                     Payment period ending: 02-20-26
MERCER FRASER COMPANY
PO BOX 1006
EUREKA CA 95502-1006

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             4,639,791.39          67,380.00
 2. a. Extra Work                               19,343.71               0.00
    b. Adustment Comp.
 3. Materials on Hand                          160,216.13         -11,601.95
 4. Earned Subject to Retention              4,819,351.23          55,778.05
 5. Mobilization                             2,137,500.00               0.00
 6. Total Work Completed      6,796,635.10
 7. Deductions                                 -31,000.00          -1,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  6,925,851.23          54,778.05
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                        54,778.05