Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          00-263-08-53  01-291904                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-MEN-1-59.7/62.1                    Federal Project:                                  
                                     ACST-P001(431)                                     
                             P-P001(431)                                                
                                                                                        
Progress payment No. 14            Payment period ending: 09-05-00                      
ARGONAUT CONSTRUCTORS                                                                   
P O BOX 639                                                                             
SANTA ROSA CA 95402                                                                     
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,815,709.03       28,265.00                      
2.a. Extra Work                         507,008.66      353,422.35                      
  b. Adjustment Comp.                   -16,688.82      -22,618.10                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        3,306,028.87      359,069.25                      
5. Mobilization                         213,000.00            0.00                      
6. Total Work Completed    3,519,028.87                                                 
7. Deductions                           -38,781.31      -38,781.31                      
8. a.Contract Retentions               -147,347.98            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         147,347.98      147,347.98                      
9. Total pay to Contractor            3,480,247.56      467,635.92                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             467,635.92