Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          01-296-16-56  03-291004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  77%          62%                             
03-NEV-267-0.0/2.8                    Federal Project:                                  
                                     ACIM-080-4(191)                                    
                             ACST-X057(38)                                              
                             P-X057(38)                                                 
Progress payment No. 25            Payment period ending: 10-19-01                      
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.      21,204,160.32      920,672.11                      
2.a. Extra Work                       1,320,850.87    1,072,870.69                      
  b. Adjustment Comp.                   -24,669.58            0.00                      
3. Materials on Hand                    154,793.03      -66,303.08                      
4. Earned Subject to Retention       22,655,134.64    1,927,239.72                      
5. Mobilization                       3,200,000.00            0.00                      
6. Total Work Completed   25,700,341.61                                                 
7. Deductions                           -51,215.89            0.00                      
8. a.Contract Retentions             -1,132,756.73      -96,361.98                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           24,671,162.02    1,830,877.74                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow     1,000,000.00                                                  
12. Net Pymt. this Estimate                           1,830,877.74