Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          03-295-13-32  07-104954                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  41%          48%                             
07-VEN-101-12.8/14.2                    Federal Project:                                
                                     ACNH-P101(996)                                     
                                                                                        
                                                                                        
Progress payment No. 15            Payment period ending: 10-20-03                      
SECURITY PAVING COMPANY INC                                                             
P O BOX 1489                                                                            
SUN VALLEY CA 913531489                                                                 
                                                                                        
                                                                                        
Escrow No.  01969                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       6,102,145.99      431,522.38                      
2.a. Extra Work                         498,520.49       33,096.47                      
  b. Adjustment Comp.                   -16,744.02            0.00                      
3. Materials on Hand                    114,806.37       26,944.59                      
4. Earned Subject to Retention        6,698,728.83      491,563.44                      
5. Mobilization                         636,500.00            0.00                      
6. Total Work Completed    7,220,422.46                                                 
7. Deductions                           -57,050.00       -1,250.00                      
8. a.Contract Retentions               -334,936.44      -24,578.17                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            6,943,242.39      465,735.27                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       334,930.00                                                  
12. Net Pymt. this Estimate                             465,735.27