Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-292-13-45  04-4Q2504
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    19%           43%

Location:                                         Federal Project:
04-VAR-680-0.1/20.7                               NONE

Progress payment No. 002                     Payment period ending: 10-20-23
BAY LINE CUTTING & CORING INC
501 CESAR CHAVEZ #101B
SAN FRANCISCO CA 94124

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               450,305.05         415,945.05
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand                           53,980.00          53,980.00
 4. Earned Subject to Retention                504,285.05         469,925.05
 5. Mobilization                               299,775.00         299,775.00
 6. Total Work Completed        750,080.05
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    804,060.05         769,700.05
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       769,700.05