Dept. of Trans.         AFTER ACCEPTANCE          Serial No.    Contract No.
                                                  20-051-14-17  04-235654
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

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

Progress payment No. 031                     Payment period ending: 10-23-19
DISNEY/O C JONES JV
533 AIRPORT BLVD #120
BURLINGAMES CA 94010

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            36,827,967.48         156,962.75
 2. a. Extra Work                            6,949,400.39       1,684,572.53
    b. Adustment Comp.                       1,034,075.88         312,627.31
 3. Materials on Hand
 4. Earned Subject to Retention             44,811,443.75       2,154,162.59
 5. Mobilization                             3,790,000.00               0.00
 6. Total Work Completed     48,601,443.75
 7. Deductions                                 -24,000.00               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 48,577,443.75       2,154,162.59
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     2,154,162.59