Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          05-202-13-39  10-1A4904                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  34%          46%                             
10-AMA-16-R0.0/R9.4                    Federal Project:                                 
                                     ACST-P016(28)                                      
                             P-P016(28)                                                 
                                                                                        
Progress payment No. 02            Payment period ending: 07-20-05                      
GEORGE REED INC                                                                         
P O BOX 1630                                                                            
LODI  CA 95241                                                                          
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         754,645.35       29,889.35                      
2.a. Extra Work                           1,842.07            0.00                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
4. Earned Subject to Retention          756,487.42       29,889.35                      
5. Mobilization                           4,370.00            0.00                      
6. Total Work Completed      760,857.42                                                 
7. Deductions                            -2,988.93       -2,988.93                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              757,868.49       26,900.42                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              26,900.42