Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          12-082-10-02  05-447804                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  97%          98%                             
05-SB-101-10.8/12.8                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 48            Payment period ending: 03-20-12                      
SECURITY PAVING COMPANY INC                                                             
P O BOX 1489                                                                            
SUN VALLEY CA 913531489                                                                 
                                                                                        
                                                                                        
Escrow No.  02395                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      45,305,731.18      130,287.33                      
2.a. Extra Work                       4,154,304.40      266,354.48                      
  b. Adjustment Comp.                 3,035,976.00       -3,151.49                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       52,496,011.58      393,490.32                      
5. Mobilization                       2,750,000.00            0.00                      
6. Total Work Completed   55,246,011.58                                                 
7. Deductions                            -7,816.20       -1,500.00                      
8. a.Contract Retentions             -2,624,800.58      -19,674.52                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           52,613,394.80      372,315.80                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow     2,624,800.00                                                  
12. Net Pymt. this Estimate                             372,315.80