Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          03-329-14-47  07-104954                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  45%          52%                             
07-VEN-101-12.8/14.2                    Federal Project:                                
                                     ACNH-P101(996)                                     
                                                                                        
                                                                                        
Progress payment No. 16            Payment period ending: 11-20-03                      
SECURITY PAVING COMPANY INC                                                             
P O BOX 1489                                                                            
SUN VALLEY CA 913531489                                                                 
                                                                                        
                                                                                        
Escrow No.  01969                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       6,794,900.23      692,754.24                      
2.a. Extra Work                         705,281.01      206,760.52                      
  b. Adjustment Comp.                   -16,744.02            0.00                      
3. Materials on Hand                    119,781.98        4,975.61                      
4. Earned Subject to Retention        7,603,219.20      904,490.37                      
5. Mobilization                         636,500.00            0.00                      
6. Total Work Completed    8,119,937.22                                                 
7. Deductions                           -67,050.00      -10,000.00                      
8. a.Contract Retentions               -380,160.96      -45,224.52                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            7,792,508.24      849,265.85                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       380,160.00                                                  
12. Net Pymt. this Estimate                             849,265.85