Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  24-257-12-20  11-2N2034
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    41%           60%

Location:                                         Federal Project:
11-VAR                                            NONE

Progress payment No. 002                     Payment period ending: 09-20-24
MONTANO PIPELINE INC
231 FOURTH AVE
CHULA VISTA CA 91910

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               429,309.40         317,509.70
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                429,309.40         317,509.70
 5. Mobilization                               118,750.00          56,250.00
 6. Total Work Completed        548,059.40
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    548,059.40         373,759.70
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       373,759.70