Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          01-113-16-04  03-291004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  56%          35%                             
03-NEV-267-0.0/2.8                    Federal Project:                                  
                                     ACIM-080-4(191)                                    
                             ACST-X057(38)                                              
                             P-X057(38)                                                 
Progress payment No. 19            Payment period ending: 04-20-01                      
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.      14,997,528.70       14,180.00                      
2.a. Extra Work                         213,906.01          -23.62                      
  b. Adjustment Comp.                    -9,834.59       72,860.58                      
3. Materials on Hand                    358,538.25       33,664.35                      
4. Earned Subject to Retention       15,560,138.37      120,681.31                      
5. Mobilization                       3,040,000.00            0.00                      
6. Total Work Completed   18,241,600.12                                                 
7. Deductions                           -21,215.89      -10,000.00                      
8. a.Contract Retentions               -778,006.92       -6,034.07                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           17,800,915.56      104,647.24                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       778,000.00                                                  
12. Net Pymt. this Estimate                             104,647.24