Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-308-08-26  04-0X0204
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    60%           40%

Location:                                         Federal Project:
04-SM-84-20.6/20.6                                NONE

Progress payment No. 001                     Payment period ending: 10-23-23
MARINSHIP DEVELOPMENT INTEREST
LLC
1485 BAYSHORE BLVD #200
SAN FRANCISCO CA 94124

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.
 2. a. Extra Work                              488,080.94         488,080.94
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                488,080.94         488,080.94
 5. Mobilization
 6. Total Work Completed        488,080.94
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    488,080.94         488,080.94
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       488,080.94