Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          07-298-07-27  05-452604                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  27%          34%                             
05-SLO-41-49.7/50.4                    Federal Project:                                 
05-KER-41-0.0/1.2                                     NONE                              
                                                                                        
                                                                                        
Progress payment No. 03            Payment period ending: 10-20-07                      
PAPICH CONSTRUCTION COMPANY                                                             
INC                                                                                     
P O BOX 2210                                                                            
PISMO BEACH CA 93448                                                                    
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         789,762.15      329,014.00                      
2.a. Extra Work                          28,908.20       28,908.20                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
4. Earned Subject to Retention          818,670.35      357,922.20                      
5. Mobilization                          95,000.00       20,000.00                      
6. Total Work Completed      913,670.35                                                 
7. Deductions                            -5,800.00            0.00                      
8. a.Contract Retentions                -66,229.17      -20,154.35                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              841,641.18      357,767.85                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             357,767.85