Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          03-295-13-20  11-072424                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  74%          42%                             
11-SD-8-2.5/6.3                    Federal Project:                                     
                                     ACIM-X073(65)                                      
                             CML-6066(41)                                               
                                                                                        
Progress payment No. 08            Payment period ending: 10-20-03                      
ROYAL ELECTRIC COMPANY                                                                  
P O BOX 231430                                                                          
SACRAMENTO CA 958231430                                                                 
                                                                                        
                                                                                        
Escrow No.  02070                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       5,028,492.78      459,705.66                      
2.a. Extra Work                           4,975.67         -111.41                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                     51,493.47      -32,992.65                      
4. Earned Subject to Retention        5,084,961.92      426,601.60                      
5. Mobilization                         300,000.00            0.00                      
6. Total Work Completed    5,333,468.45                                                 
7. Deductions                           -40,000.00      -10,000.00                      
8. a.Contract Retentions               -254,248.10      -21,330.08                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            5,090,713.82      395,271.52                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       254,240.00                                                  
12. Net Pymt. this Estimate                             395,271.52