Dept. of Trans.         AFTER ACCEPTANCE          Serial No.    Contract No.
                                                  24-047-09-08  05-1P7604
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

Location:                                         Federal Project:
05-SLO-41-45.3/50.4                               NONE

Progress payment No. 003                     Payment period ending: 09-20-23
PAPICH CONSTRUCTION COMPANY
INC
398 SUNRISE TERRACE
ARROYO GRANDE CA 93420

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             1,944,701.74         -82,920.35
 2. a. Extra Work
    b. Adustment Comp.                          37,719.36          37,719.36
 3. Materials on Hand
 4. Earned Subject to Retention              1,982,421.10         -45,200.99
 5. Mobilization                               223,000.00               0.00
 6. Total Work Completed      2,205,421.10
 7. Deductions                                       0.00             600.70
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  2,205,421.10         -44,600.29
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       -44,600.29