Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          03-246-14-36  11-229114                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
11-SD-8-10.5/R21.8                    Federal Project:                                  
                                     ACIM-008-1(295)                                    
                                                                                        
                                                                                        
Progress payment No. 27            Payment period ending: 03-31-03                      
HAZARD CONSTRUCTION COMPANY                                                             
AND PAVEMENT SPECIALISTS                                                                
INCORPORATED A JOINT VENTURE                                                            
P O BOX 229000                                                                          
SAN DIEGO  CA 92192                                                                     
Escrow No.  01683                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       8,925,373.39         -434.86                      
2.a. Extra Work                         598,739.32            0.00                      
  b. Adjustment Comp.                   571,055.63            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       10,095,168.34         -434.86                      
5. Mobilization                         600,000.00            0.00                      
6. Total Work Completed   10,695,168.34                                                 
7. Deductions                           -64,000.00       10,000.00                      
8. a.Contract Retentions               -494,240.91            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         494,240.91            0.00                      
9. Total pay to Contractor           10,631,168.34        9,565.14                      
10. Reduction Amt to Escrow            -464,440.00            0.00                      
11. Payment to Escrow       464,440.00                                                  
12. Net Pymt. this Estimate                               9,565.14