Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-197-16-47  04-0Q1004
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    57%           31%

Location:                                         Federal Project:
04-ALA-580-20.7/R30.8                             ACIM-5801(984)

Progress payment No. 007                     Payment period ending: 07-20-25
FBD VANGUARD CONSTRUCTION INC
550 GREENVILLE RD
LIVERMORE CA 94550

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            23,929,472.70       3,235,855.70
 2. a. Extra Work                              335,780.70         216,980.70
    b. Adustment Comp.
 3. Materials on Hand                          115,979.37         -93,065.77
 4. Earned Subject to Retention             24,381,232.77       3,359,770.63
 5. Mobilization                             4,500,000.00         225,000.00
 6. Total Work Completed     28,765,253.40
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 28,881,232.77       3,584,770.63
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     3,584,770.63