Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          03-358-11-40  07-104954                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  49%          55%                             
07-VEN-101-12.8/14.2                    Federal Project:                                
                                     ACNH-P101(996)                                     
                                                                                        
                                                                                        
Progress payment No. 17            Payment period ending: 12-20-03                      
SECURITY PAVING COMPANY INC                                                             
P O BOX 1489                                                                            
SUN VALLEY CA 913531489                                                                 
                                                                                        
                                                                                        
Escrow No.  01969                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       7,421,795.66      626,895.43                      
2.a. Extra Work                         705,281.01            0.00                      
  b. Adjustment Comp.                   -29,645.03      -12,901.01                      
3. Materials on Hand                     99,687.84      -20,094.14                      
4. Earned Subject to Retention        8,197,119.48      593,900.28                      
5. Mobilization                         670,000.00       33,500.00                      
6. Total Work Completed    8,767,431.64                                                 
7. Deductions                           -47,050.00       20,000.00                      
8. a.Contract Retentions               -409,855.97      -29,695.01                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            8,410,213.51      617,705.27                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       409,850.00                                                  
12. Net Pymt. this Estimate                             617,705.27