Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          05-235-08-28  12-0G5404                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  67%         100%                             
12-ORA-5-26.6/26.6                    Federal Project:                                  
                                     ACIM-005-2(921)                                    
                             G-005-2(921)                                               
                                                                                        
Progress payment No. 02            Payment period ending: 08-20-05                      
INSPECTION ENGINEERING                                                                  
CONSTRUCTION INC                                                                        
Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          05-236-14-51  07-237204                       
2973 HARBOR BOULEVARD STE 516                                                           
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
COSTA MESA  CA 92626                                                                    
Location:                                  13%          22%                             
                                                                                        
07-VEN-126-0.0/13.1                    Federal Project:                                 
                                     ACST-P126(49)                                      
                             PHG-P126(49)                                               
Escrow No.  00000                                                                       
                                                                                        
Progress payment No. 02            Payment period ending: 08-20-05                      
MODERN ALLOYS INC                                                                       
11172 WESTERN AVENUE                                                                    
                                    Total Estimate   This Estimate                      
STANTON CA 90680                                                                        
                                                                                        
                                                                                        
1. Contract Itms Without Mobil.          88,773.00       70,083.00                      
2.a. Extra Work                                                                         
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         371,144.20      117,431.70                      
  b. Adjustment Comp.                                                                   
2.a. Extra Work                                                                         
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
3. Materials on Hand                                                                    
4. Earned Subject to Retention           88,773.00       70,083.00                      
4. Earned Subject to Retention          371,144.20      117,431.70                      
5. Mobilization                                                                         
5. Mobilization                          47,100.00       15,700.00                      
6. Total Work Completed       88,773.00                                                 
6. Total Work Completed      418,244.20                                                 
7. Deductions                           -10,800.00      -10,800.00                      
7. Deductions                                                                           
8. a.Contract Retentions                                                                
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.               -7,008.30       -7,008.30                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor               70,964.70       52,274.70                      
9. Total pay to Contractor              418,244.20      133,131.70                      
10. Reduction Amt to Escrow                                                             
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              52,274.70                      
12. Net Pymt. this Estimate                             133,131.70