Dept. of Trans.         SEMI-FINAL          Serial No.    Contract No.
                                            16-160-14-06  10-415804
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                             100%          100%

Location:                                   Federal Project:
10-MER-99-0.0/4.6                           NONE

Progress payment No. 048               Payment period ending: 05-09-16
SECURITY PAVING COMPANY INC
13170 TELFAIR AVE
SYLMAR CA 91342

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.         40,792,560.96       -7,040.00
 2. a. Extra Work                         1,166,776.48            0.00
    b. Adustment Comp.                      391,262.05            0.00
 3. Materials on Hand
 4. Earned Subject to Retention          42,350,599.49       -7,040.00
 5. Mobilization                            805,000.00            0.00
 6. Total Work Completed     43,155,599.49
 7. Deductions                              -61,782.67       10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor              43,093,816.82        2,960.00
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                   2,960.00