Dept. of Trans.          PROGRESS           Serial No.    Contract No.
                                            15-203-11-27  05-330774
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                              82%           92%

Location:                                   Federal Project:
05-SLO-46-40.7/46.3                         NONE

Progress payment No. 038               Payment period ending: 07-20-15
PAPICH CONSTRUCTION COMPANY
INC
PO BOX 2210
PISMO BEACH, CA 93448

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.         26,754,061.11    1,835,128.23
 2. a. Extra Work                         1,909,820.95      135,384.03
    b. Adustment Comp.                      623,513.45       19,571.58
 3. Materials on Hand                       172,481.21      -23,429.89
 4. Earned Subject to Retention          29,459,876.72    1,966,653.95
 5. Mobilization                             45,842.89            0.00
 6. Total Work Completed     29,333,238.40
 7. Deductions                               -9,804.25            0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor              29,495,915.36    1,966,653.95
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                               1,966,653.95