Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  18-110-15-24  04-235654
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    54%           61%

Location:                                         Federal Project:
04-SM-101-1.6/2.2                                 NONE
04-SM-114-5.0/5.3

Progress payment No. 012                     Payment period ending: 04-20-18
DISNEY/O C JONES JV
859 COWAN RD #3
BURLINGAME CA 94010

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            18,519,456.83       1,979,245.00
 2. a. Extra Work                              420,437.97         246,422.97
    b. Adustment Comp.
 3. Materials on Hand                        1,684,054.98         141,593.43
 4. Earned Subject to Retention             20,623,949.78       2,367,261.40
 5. Mobilization                             3,790,000.00         189,500.00
 6. Total Work Completed     22,729,894.80
 7. Deductions                                 -14,000.00               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 24,399,949.78       2,556,761.40
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     2,556,761.40