Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-111-10-48  03-2J5904
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    30%           18%

Location:                                         Federal Project:
03-GLE-32-2.8/3.2                                 SNHG-P032(52)

Progress payment No. 001                     Payment period ending: 04-20-25
STUDEBAKER ELECTRIC INC
3237 RIPPEY RD #100
LOOMIS CA 95650

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               376,234.00         376,234.00
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                376,234.00         376,234.00
 5. Mobilization                               101,650.00         101,650.00
 6. Total Work Completed        477,884.00
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    477,884.00         477,884.00
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       477,884.00