Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          03-171-15-43  04-163624                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  98%          80%                             
04-MRN-101-0.9/1.1                    Federal Project:                                  
04-SF-280-R2.7/R2.8                                     ACIM-280-1(103)                 
                             ACNH-P101(994)                                             
                                                                                        
Progress payment No. 10            Payment period ending: 06-20-03                      
ROYAL ELECTRIC COMPANY                                                                  
P O BOX 231430                                                                          
SACRAMENTO CA 958231430                                                                 
                                                                                        
                                                                                        
Escrow No.  02014                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,741,635.24      103,001.93                      
2.a. Extra Work                           9,320.76            0.00                      
  b. Adjustment Comp.                   -12,493.01            0.00                      
3. Materials on Hand                          0.00      -25,687.60                      
4. Earned Subject to Retention        1,738,462.99       77,314.33                      
5. Mobilization                                                                         
6. Total Work Completed    1,738,462.99                                                 
7. Deductions                                                                           
8. a.Contract Retentions                -86,923.15       -3,865.72                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            1,651,539.84       73,448.61                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow        86,920.00                                                  
12. Net Pymt. this Estimate                              73,448.61