Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          12-103-08-44  03-3C8904                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
03-COL-5-R0.0/R21.0                    Federal Project:                                 
                                     IM-057(94)                                         
                                                                                        
                                                                                        
Progress payment No. 12            Payment period ending: 04-06-12                      
GEORGE REED INC                                                                         
P O BOX 4760                                                                            
MODESTO CA 95352                                                                        
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      12,861,745.21        1,275.00                      
2.a. Extra Work                         343,781.19            0.00                      
  b. Adjustment Comp.                 2,119,074.01   -1,200,000.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       15,324,600.41   -1,198,725.00                      
5. Mobilization                       4,905,000.00            0.00                      
6. Total Work Completed   20,229,600.41                                                 
7. Deductions                                 0.00    2,982,869.10                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           20,229,600.41    1,784,144.10                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                           1,784,144.10