Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-051-08-53  03-3H5604
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    57%           43%

Location:                                         Federal Project:
03-VAR                                            BFNH-000C(560)

Progress payment No. 023                     Payment period ending: 02-20-26
FLATIRON DRAGADOS WEST LLC
1200 CONCORD AVE #465
CONCORD CA 94520

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            37,918,847.68         333,848.87
 2. a. Extra Work                            5,386,247.02         390,649.99
    b. Adustment Comp.                          49,424.53         -43,096.76
 3. Materials on Hand                        1,640,569.00         448,630.00
 4. Earned Subject to Retention             44,995,088.23       1,130,032.10
 5. Mobilization                             8,299,000.00               0.00
 6. Total Work Completed     51,653,519.23
 7. Deductions                                 -13,832.29               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 53,280,255.94       1,130,032.10
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,130,032.10