Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          01-173-13-23  03-291004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  60%          43%                             
03-NEV-267-0.0/2.8                    Federal Project:                                  
                                     ACIM-080-4(191)                                    
                             ACST-X057(38)                                              
                             P-X057(38)                                                 
Progress payment No. 21            Payment period ending: 06-20-01                      
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.      16,118,244.26      796,849.76                      
2.a. Extra Work                         238,151.66        6,312.98                      
  b. Adjustment Comp.                   -24,669.58      -14,834.99                      
3. Materials on Hand                    286,649.61      -63,301.76                      
4. Earned Subject to Retention       16,618,375.95      725,025.99                      
5. Mobilization                       3,200,000.00      160,000.00                      
6. Total Work Completed   19,531,726.34                                                 
7. Deductions                           -31,215.89      -10,000.00                      
8. a.Contract Retentions               -830,918.80      -36,251.30                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           18,956,241.26      838,774.69                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       830,910.00                                                  
12. Net Pymt. this Estimate                             838,774.69