Dept. of Trans.           FINAL             Serial No.    Contract No.
                                            16-147-15-55  05-1F7804
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                             100%          100%

Location:                                   Federal Project:
05-SLO-101-32.3/35.6                        NONE

Progress payment No. 007               Payment period ending: 01-05-16
TELFER OIL COMPANY
4522 PARKER AVE #350
MCCLELLAN CA 95652

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.          2,602,492.51            0.00
 2. a. Extra Work                            16,747.06            0.00
    b. Adustment Comp.                       32,796.45       37,677.07
 3. Materials on Hand
 4. Earned Subject to Retention           2,652,036.02       37,677.07
 5. Mobilization
 6. Total Work Completed      2,652,036.02
 7. Deductions                                    0.00       10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor               2,652,036.02       47,677.07
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                  47,677.07