Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          08-086-11-23  07-231314                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  96%          79%                             
07-LA-2                    Federal Project:                                             
                                     ACIM-X037(132)                                     
                             ACNH-X037(133)                                             
                                                                                        
Progress payment No. 12            Payment period ending: 03-20-08                      
POWELL CONSTRUCTORS                                                                     
8555 BANANA AVENUE                                                                      
FONTANA CA 923353019                                                                    
                                                                                        
                                                                                        
Escrow No.  02325                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       6,929,507.00      117,820.00                      
2.a. Extra Work                         183,978.16       38,537.05                      
  b. Adjustment Comp.                     8,230.40        1,474.80                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        7,121,715.56      157,831.85                      
5. Mobilization                         800,000.00            0.00                      
6. Total Work Completed    7,921,715.56                                                 
7. Deductions                                                                           
8. a.Contract Retentions               -356,085.78       -7,891.59                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            7,565,629.78      149,940.26                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       356,080.00                                                  
12. Net Pymt. this Estimate                             149,940.26