Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-205-09-57  03-0J01U4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    71%           35%

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

Progress payment No. 015                     Payment period ending: 07-20-26
MERCER FRASER COMPANY
PO BOX 1006
EUREKA CA 95502-1006

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            14,356,712.76       4,507,460.64
 2. a. Extra Work                               26,170.06               0.00
    b. Adustment Comp.
 3. Materials on Hand                                0.00        -285,645.64
 4. Earned Subject to Retention             14,382,882.82       4,221,815.00
 5. Mobilization                             2,250,000.00         112,500.00
 6. Total Work Completed     16,632,882.82
 7. Deductions                                 -30,000.00         -10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 16,602,882.82       4,324,315.00
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     4,324,315.00