Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-134-10-27  10-1T5604
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    19%           86%

Location:                                         Federal Project:
10-SJ-99-7.9/7.9                                  NONE
10-SJ-99-33.5/33.5
10-STA-99-16.8/16.8

Progress payment No. 001                     Payment period ending: 05-09-25
VALENTINE CORPORATION
111 PELICAN WAY
SAN RAFAEL CA 94901

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.
 2. a. Extra Work                              141,856.61         141,856.61
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                141,856.61         141,856.61
 5. Mobilization
 6. Total Work Completed        141,856.61
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    141,856.61         141,856.61
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       141,856.61