Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-142-08-44  08-1N4704
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    40%           34%

Location:                                         Federal Project:
08-VAR                                            NONE

Progress payment No. 003                     Payment period ending: 05-20-25
SELECT ELECTRIC INC
1700 E VIA BURTON
ANAHEIM CA 92806

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               916,108.98         521,266.40
 2. a. Extra Work                               38,910.88          38,910.88
    b. Adustment Comp.                         -68,046.51               0.00
 3. Materials on Hand                           50,000.00        -150,000.00
 4. Earned Subject to Retention                936,973.35         410,177.28
 5. Mobilization                               242,766.80               0.00
 6. Total Work Completed      1,129,740.15
 7. Deductions                                       0.00           5,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  1,179,740.15         415,177.28
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       415,177.28