Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-141-13-22  10-1C0504
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                     7%            6%

Location:                                         Federal Project:
10-SJ-4-S19.4/38.1                                ACST-S004(129)
10-STA-4-0.0/7.2

Progress payment No. 002                     Payment period ending: 05-20-26
GEORGE REED INC
PO BOX 4760
MODESTO CA 95352

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               441,305.44         441,305.44
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand                          389,171.59         207,277.50
 4. Earned Subject to Retention                830,477.03         648,582.94
 5. Mobilization                               875,000.00         875,000.00
 6. Total Work Completed      1,316,305.44
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  1,705,477.03       1,523,582.94
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,523,582.94