Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          06-115-15-34  07-242004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  47%          29%                             
07-LA-10-5.8/6.7                    Federal Project:                                    
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 03            Payment period ending: 04-20-06                      
OLIVAS VALDEZ INC                                                                       
P O BOX 4576                                                                            
COVINA CA 91723                                                                         
                                                                                        
                                                                                        
Escrow No.  02221                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         856,322.75      507,397.50                      
2.a. Extra Work                           2,629.65        2,629.65                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                     46,346.72       -7,013.79                      
4. Earned Subject to Retention          905,299.12      503,013.36                      
5. Mobilization                          71,250.00            0.00                      
6. Total Work Completed      930,202.40                                                 
7. Deductions                                                                           
8. a.Contract Retentions                -45,264.96       -7,979.88                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              931,284.16      495,033.48                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow        45,260.00                                                  
12. Net Pymt. this Estimate                             495,033.48