Dept. of Trans.          PROGRESS           Serial No.    Contract No.
                                            15-232-14-36  10-0X5404
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                              51%           24%

Location:                                   Federal Project:
10-SJ-5-41.7/45.9                           ACHS-IMG-6(343)
                                            487-E--

Progress payment No. 002               Payment period ending: 08-20-15
APEX FENCE COMPANY INC
19896 ALEXANDER AVE
ANDERSON  CA 96007

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.            660,343.30      660,343.30
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand                       193,367.00      160,769.77
 4. Earned Subject to Retention             853,710.30      821,113.07
 5. Mobilization                             25,000.00       25,000.00
 6. Total Work Completed        685,343.30
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 878,710.30      846,113.07
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                 846,113.07