Dept. of Trans.           FINAL             Serial No.    Contract No.
                                            15-157-08-39  03-388004
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                             100%          100%

Location:                                   Federal Project:
03-YOL-50-0.3/2.0                           STPL-6203(7)
                                            N-6203(7)

Progress payment No. 031               Payment period ending: 07-20-11
ARGONAUT CONSTRUCTORS
P O BOX 639
SANTA ROSA CA 95402

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.         12,785,056.15            0.00
 2. a. Extra Work                         2,129,015.72            0.00
    b. Adustment Comp.                    1,554,820.58            0.00
 3. Materials on Hand
 4. Earned Subject to Retention          16,468,892.45            0.00
 5. Mobilization                            893,000.00            0.00
 6. Total Work Completed     17,361,892.45
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor              17,361,892.45            0.00
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       0.00