Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          01-087-15-13  03-291004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  55%          35%                             
03-NEV-267-0.0/2.8                    Federal Project:                                  
                                     ACIM-080-4(191)                                    
                             ACST-X057(38)                                              
                             P-X057(38)                                                 
Progress payment No. 18            Payment period ending: 03-20-01                      
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.      14,983,348.70      -32,953.94                      
2.a. Extra Work                         213,929.63       22,496.07                      
  b. Adjustment Comp.                   -82,695.17      100,295.91                      
3. Materials on Hand                    324,873.90      -68,293.65                      
4. Earned Subject to Retention       15,439,457.06       21,544.39                      
5. Mobilization                       3,040,000.00            0.00                      
6. Total Work Completed   18,154,583.16                                                 
7. Deductions                           -11,215.89            0.00                      
8. a.Contract Retentions               -771,972.85       -1,077.22                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           17,696,268.32       20,467.17                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       771,970.00                                                  
12. Net Pymt. this Estimate                              20,467.17