Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          00-236-15-05  03-291004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  33%          25%                             
03-NEV-267-0.0/2.8                    Federal Project:                                  
                                     ACIM-080-4(191)                                    
                             ACST-X057(38)                                              
                             P-X057(38)                                                 
Progress payment No. 10            Payment period ending: 08-18-00                      
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.       7,785,482.81    2,699,295.82                      
2.a. Extra Work                          14,120.93       12,189.23                      
  b. Adjustment Comp.                   -34,271.43      -34,271.43                      
3. Materials on Hand                    196,686.00       30,281.00                      
4. Earned Subject to Retention        7,962,018.31    2,707,494.62                      
5. Mobilization                       3,040,000.00      640,000.00                      
6. Total Work Completed   10,805,332.31                                                 
7. Deductions                           -11,215.89       -3,623.25                      
8. a.Contract Retentions               -591,988.15      -66,535.78                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           10,398,814.27    3,277,335.59                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       315,000.00                                                  
12. Net Pymt. this Estimate                           3,277,335.59