Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-146-09-08  03-0J5604
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    15%           15%

Location:                                         Federal Project:
03-PLA-80-49.3/68.7                               PTIM-804(338)
03-NEV-80-49.3/68.7

Progress payment No. 007                     Payment period ending: 05-20-26
MERCER FRASER COMPANY
PO BOX 1006
EUREKA CA 95502-1006

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             1,680,884.14         716,841.45
 2. a. Extra Work                              130,000.00         130,000.00
    b. Adustment Comp.
 3. Materials on Hand                                0.00         -70,313.16
 4. Earned Subject to Retention              1,810,884.14         776,528.29
 5. Mobilization                               581,290.13         193,763.38
 6. Total Work Completed      2,392,174.27
 7. Deductions                                  -8,000.00          -3,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  2,384,174.27         967,291.67
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       967,291.67