Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          09-055-14-25  11-267304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  77%          75%                             
11-SD-52-7.4/13.3                    Federal Project:                                   
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 12            Payment period ending: 02-20-09                      
HAZARD CONSTRUCTION COMPANY                                                             
P O BOX 229000                                                                          
SAN DIEGO CA 921929000                                                                  
                                                                                        
                                                                                        
Escrow No.  02396                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      11,951,937.84      613,655.27                      
2.a. Extra Work                         544,540.85        9,533.18                      
  b. Adjustment Comp.                    78,807.06      -11,400.15                      
3. Materials on Hand                    408,695.24      -53,114.96                      
4. Earned Subject to Retention       12,983,980.99      558,673.34                      
5. Mobilization                       1,585,000.00            0.00                      
6. Total Work Completed   14,160,285.75                                                 
7. Deductions                           -57,992.67            0.00                      
8. a.Contract Retentions               -649,199.05      -27,933.67                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           13,861,789.27      530,739.67                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       649,190.00                                                  
12. Net Pymt. this Estimate                             530,739.67