Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          00-207-16-17  03-291004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  23%          20%                             
03-NEV-267-0.0/2.8                    Federal Project:                                  
                                     ACIM-080-4(191)                                    
                             ACST-X057(38)                                              
                             P-X057(38)                                                 
Progress payment No. 09            Payment period ending: 07-20-00                      
M C M / LADD JOINT VENTURE                                                              
P O BOX 620                                                                             
NORTH HIGHLANDS CA 95660                                                                
                                                                                        
                                                                                        
Escrow No.  01316                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       5,086,186.99    2,634,657.46                      
2.a. Extra Work                           1,931.70        1,931.70                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                    166,405.00       77,409.00                      
4. Earned Subject to Retention        5,254,523.69    2,713,998.16                      
5. Mobilization                       2,400,000.00      800,000.00                      
6. Total Work Completed    7,488,118.69                                                 
7. Deductions                            -7,592.64            0.00                      
8. a.Contract Retentions               -525,452.37     -271,399.82                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            7,121,478.68    3,242,598.34                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       315,000.00                                                  
12. Net Pymt. this Estimate                           3,242,598.34