Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-167-11-36  07-3203U4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    80%           45%

Location:                                         Federal Project:
07-LA-91-R16.6/R16.8                              ACIM-X037(232)
07-LA-605-R0.0/R10.4

Progress payment No. 022                     Payment period ending: 06-20-25
RASMUSSEN/VANGUARD
28548 LIVINGSTON AVE
VALENCIA CA 91355

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            35,002,511.23         841,534.09
 2. a. Extra Work                            1,717,324.86           1,074.79
    b. Adustment Comp.                         117,025.79          25,240.58
 3. Materials on Hand                          300,290.88          57,743.25
 4. Earned Subject to Retention             37,137,152.76         925,592.71
 5. Mobilization                             4,800,000.00               0.00
 6. Total Work Completed     41,636,861.88
 7. Deductions                                 -24,600.00               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 41,912,552.76         925,592.71
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       925,592.71