Dept. of Trans.       FINAL   Serial No.  Contract No.                                  
                                          06-271-11-58  04-049054                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
04-SM-92-R15.3/R15.5                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 07            Payment period ending: 08-28-03                      
VORTEX DIVING INC                                                                       
LIVINGSTON STREET PIER                                                                  
OAKLAND CA 946065215                                                                    
                                                                                        
                                                                                        
Escrow No.  02097                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,485,800.00            0.00                      
2.a. Extra Work                          79,643.96            0.00                      
  b. Adjustment Comp.                   195,936.00      105,000.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,761,379.96      105,000.00                      
5. Mobilization                          78,000.00            0.00                      
6. Total Work Completed    1,839,379.96                                                 
7. Deductions                                                                           
8. a.Contract Retentions                -56,856.00            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          56,856.00            0.00                      
9. Total pay to Contractor            1,839,379.96      105,000.00                      
10. Reduction Amt to Escrow             -56,850.00            0.00                      
11. Payment to Escrow        56,850.00                                                  
12. Net Pymt. this Estimate                             105,000.00