Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  21-264-19-12  05-1M3804
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    39%           58%

Location:                                         Federal Project:
05-SLO-58-4.9/9.9                                 NONE
05-SLO-101-16.2/55.7

Progress payment No. 003                     Payment period ending: 09-20-21
VELARDE CONCRETE CONSTRUCTION
INC
523 S. BRAND BLVD, #201
SAN FERNANDO CA 91340

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               593,788.61         454,552.34
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                593,788.61         454,552.34
 5. Mobilization                               154,755.00          73,305.00
 6. Total Work Completed        748,543.61
 7. Deductions                                  -4,000.00          -4,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    744,543.61         523,857.34
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       523,857.34