Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          01-142-09-49  03-291004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  57%          37%                             
03-NEV-267-0.0/2.8                    Federal Project:                                  
                                     ACIM-080-4(191)                                    
                             ACST-X057(38)                                              
                             P-X057(38)                                                 
Progress payment No. 20            Payment period ending: 05-18-01                      
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.      15,321,394.50      323,865.80                      
2.a. Extra Work                         231,838.68       17,932.67                      
  b. Adjustment Comp.                    -9,834.59            0.00                      
3. Materials on Hand                    349,951.37       -8,586.88                      
4. Earned Subject to Retention       15,893,349.96      333,211.59                      
5. Mobilization                       3,040,000.00            0.00                      
6. Total Work Completed   18,583,398.59                                                 
7. Deductions                           -21,215.89            0.00                      
8. a.Contract Retentions               -794,667.50      -16,660.58                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           18,117,466.57      316,551.01                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       794,660.00                                                  
12. Net Pymt. this Estimate                             316,551.01