Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          04-056-09-54  07-187204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  47%          52%                             
07-LA-126-R5.7/R6.4                    Federal Project:                                 
                                     ACNH-P126(47)                                      
                             ACNH-005-3(38)                                             
                             I-005-3(38)                                                
Progress payment No. 12            Payment period ending: 02-20-04                      
SECURITY PAVING COMPANY INC                                                             
P O BOX 1489                                                                            
SUN VALLEY CA 913531489                                                                 
                                                                                        
                                                                                        
Escrow No.  02061                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       7,567,653.85      731,306.28                      
2.a. Extra Work                         252,949.51       28,362.05                      
  b. Adjustment Comp.                     5,778.76       -2,270.80                      
3. Materials on Hand                    274,617.00      144,237.00                      
4. Earned Subject to Retention        8,100,999.12      901,634.53                      
5. Mobilization                         484,500.00            0.00                      
6. Total Work Completed    8,310,882.12                                                 
7. Deductions                           -72,000.00            0.00                      
8. a.Contract Retentions               -405,049.96      -45,081.73                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            8,108,449.16      856,552.80                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       405,040.00                                                  
12. Net Pymt. this Estimate                             856,552.80