Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          06-004-12-57  07-1384U4                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
07-LA-710-6.8/9.7                    Federal Project:                                   
                                     ACNH-P710(3)                                       
                                                                                        
                                                                                        
Progress payment No. 54            Payment period ending: 11-18-04                      
EXCEL PAVING COMPANY                                                                    
2230 LEMON AVENUE                                                                       
LONG BEACH CA 90806                                                                     
                                                                                        
                                                                                        
Escrow No.  01695                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      15,245,721.73            0.00                      
2.a. Extra Work                       2,218,214.85            0.00                      
  b. Adjustment Comp.                 2,230,634.45      804,000.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       19,694,571.03      804,000.00                      
5. Mobilization                       1,800,000.00            0.00                      
6. Total Work Completed   21,494,571.03                                                 
7. Deductions                           -21,232.73            0.00                      
8. a.Contract Retentions               -892,051.94            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         892,051.94            0.00                      
9. Total pay to Contractor           21,473,338.30      804,000.00                      
10. Reduction Amt to Escrow            -892,050.00            0.00                      
11. Payment to Escrow       892,050.00                                                  
12. Net Pymt. this Estimate                             804,000.00