Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          07-179-13-40  11-258014                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
11-SD-163-1.2/2.4                    Federal Project:                                   
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 23            Payment period ending: 09-01-06                      
MODERN ALLOYS INC                                                                       
11172 WESTERN AVENUE                                                                    
STANTON CA 90680                                                                        
                                                                                        
                                                                                        
Escrow No.  02187                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,013,415.92            0.00                      
2.a. Extra Work                         140,359.06            0.00                      
  b. Adjustment Comp.                    31,907.81            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,185,682.79            0.00                      
5. Mobilization                          40,000.00            0.00                      
6. Total Work Completed    1,225,682.79                                                 
7. Deductions                                 0.00       10,000.00                      
8. a.Contract Retentions                -56,268.59            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          56,268.59            0.00                      
9. Total pay to Contractor            1,225,682.79       10,000.00                      
10. Reduction Amt to Escrow             -56,230.00            0.00                      
11. Payment to Escrow        56,230.00                                                  
12. Net Pymt. this Estimate                              10,000.00