Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  24-138-10-27  04-3G3644
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                     7%           11%

Location:                                         Federal Project:
04-CC-580-6.1/7.8                                 NONE
04-MRN-580-0.0/2.6

Progress payment No. 002                     Payment period ending: 05-20-24
STUDEBAKER ELECTRIC INC
3237 RIPPEY RD #100
LOOMIS CA 95650

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               797,633.00         560,926.00
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                797,633.00         560,926.00
 5. Mobilization                               180,000.00         180,000.00
 6. Total Work Completed        977,633.00
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    977,633.00         740,926.00
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       740,926.00