Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          04-023-16-15  07-104954                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  52%          58%                             
07-VEN-101-12.8/14.2                    Federal Project:                                
                                     ACNH-P101(996)                                     
                                                                                        
                                                                                        
Progress payment No. 18            Payment period ending: 01-20-04                      
SECURITY PAVING COMPANY INC                                                             
P O BOX 1489                                                                            
SUN VALLEY CA 913531489                                                                 
                                                                                        
                                                                                        
Escrow No.  01969                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       8,000,111.25      578,315.59                      
2.a. Extra Work                         783,516.96       78,235.95                      
  b. Adjustment Comp.                   -29,645.03            0.00                      
3. Materials on Hand                     77,161.00      -22,526.84                      
4. Earned Subject to Retention        8,831,144.18      634,024.70                      
5. Mobilization                         670,000.00            0.00                      
6. Total Work Completed    9,423,983.18                                                 
7. Deductions                           -47,050.00            0.00                      
8. a.Contract Retentions               -441,557.21      -31,701.24                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            9,012,536.97      602,323.46                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       441,550.00                                                  
12. Net Pymt. this Estimate                             602,323.46