Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-173-11-28  03-1N6204
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    28%            6%

Location:                                         Federal Project:
03-YOL-275-130.0/13.0                             NONE

Progress payment No. 008                     Payment period ending: 06-20-26
VALENTINE CORPORATION
111 PELICAN WAY
SAN RAFAEL CA 94901

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.
 2. a. Extra Work                              848,732.32         244,645.79
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                848,732.32         244,645.79
 5. Mobilization
 6. Total Work Completed        848,732.32
 7. Deductions                                  -2,000.00               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    846,732.32         244,645.79
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       244,645.79