Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          07-200-13-50  06-0A8804                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
06-KER-99-L0.7/2.7                    Federal Project:                                  
                                     ACST-P099(508)                                     
                             PHG-P099(508)                                              
                                                                                        
Progress payment No. 05            Payment period ending: 06-28-07                      
MODERN ALLOYS INC                                                                       
11172 WESTERN AVENUE                                                                    
STANTON CA 90680                                                                        
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,477,501.21      -81,793.80                      
2.a. Extra Work                          13,108.79       13,108.79                      
  b. Adjustment Comp.                        22.71            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,490,632.71      -68,685.01                      
5. Mobilization                         151,350.00            0.00                      
6. Total Work Completed    1,641,982.71                                                 
7. Deductions                                 0.00       22,410.49                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            1,641,982.71      -46,274.52                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             -46,274.52