Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-111-09-20  08-1N4704
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    21%           19%

Location:                                         Federal Project:
08-VAR                                            NONE

Progress payment No. 002                     Payment period ending: 04-20-25
SELECT ELECTRIC INC
2790 BUSINESS PARK DR
VISTA CA 92081

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               394,842.58         394,842.58
 2. a. Extra Work
    b. Adustment Comp.                         -68,046.51         -68,046.51
 3. Materials on Hand                          200,000.00        -130,777.35
 4. Earned Subject to Retention                526,796.07         196,018.72
 5. Mobilization                               242,766.80          51,108.80
 6. Total Work Completed        569,562.87
 7. Deductions                                  -5,000.00          -5,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    764,562.87         242,127.52
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       242,127.52