Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          04-056-11-43  07-1224U4                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  97%         100%                             
07-LA-10-42.4/48.3                    Federal Project:                                  
                                     ACIM-010-1(753)                                    
                                                                                        
                                                                                        
Progress payment No. 39            Payment period ending: 02-20-04                      
BALFOUR BEATTY CONSTRUCTION,                                                            
INC.                                                                                    
WESTERN DIVISION                                                                        
ONE HARBOR CENTER,SUITE 350                                                             
SUISUN CITY, CA 94585                                                                   
Escrow No.  01699                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      66,346,037.95      -49,306.55                      
2.a. Extra Work                       7,406,995.19      305,350.64                      
  b. Adjustment Comp.                 2,341,557.22       40,960.40                      
3. Materials on Hand                    126,405.32     -173,795.27                      
4. Earned Subject to Retention       76,220,995.68      123,209.22                      
5. Mobilization                       7,500,000.00            0.00                      
6. Total Work Completed   83,594,590.36                                                 
7. Deductions                           -65,612.87            0.00                      
8. a.Contract Retentions             -3,811,049.78       -6,160.46                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           79,844,333.03      117,048.76                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow     3,811,040.00                                                  
12. Net Pymt. this Estimate                             117,048.76