Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          04-208-09-22  07-104954                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  75%          78%                             
07-VEN-101-12.8/14.2                    Federal Project:                                
                                     ACNH-P101(996)                                     
                                                                                        
                                                                                        
Progress payment No. 24            Payment period ending: 07-20-04                      
SECURITY PAVING COMPANY INC                                                             
P O BOX 1489                                                                            
SUN VALLEY CA 913531489                                                                 
                                                                                        
                                                                                        
Escrow No.  01969                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      11,849,642.59      683,801.61                      
2.a. Extra Work                       1,707,046.83       47,910.72                      
  b. Adjustment Comp.                  -150,969.29     -107,304.35                      
3. Materials on Hand                     77,161.00            0.00                      
4. Earned Subject to Retention       13,482,881.13      624,407.98                      
5. Mobilization                         670,000.00            0.00                      
6. Total Work Completed   14,075,720.13                                                 
7. Deductions                           -77,050.00      -10,000.00                      
8. a.Contract Retentions               -674,144.06      -31,220.40                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           13,401,687.07      583,187.58                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       674,140.00                                                  
12. Net Pymt. this Estimate                             583,187.58