Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          03-203-10-48  07-1069U4                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  59%          50%                             
07-LA-10-28.0/31.2                    Federal Project:                                  
                                     ACNH-010-1(762)                                    
                             I-010-1(762)                                               
                                                                                        
Progress payment No. 23            Payment period ending: 07-20-03                      
E L YEAGER CONSTRUCTION                                                                 
COMPANY INC                                                                             
P O BOX 87                                                                              
RIVERSIDE CA 925020087                                                                  
                                                                                        
Escrow No.  01885                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      20,773,848.56      843,458.35                      
2.a. Extra Work                         564,848.25       31,267.67                      
  b. Adjustment Comp.                    -8,106.18            0.00                      
3. Materials on Hand                    411,831.58            0.00                      
4. Earned Subject to Retention       21,742,422.21      874,726.02                      
5. Mobilization                       3,712,000.00            0.00                      
6. Total Work Completed   25,042,590.63                                                 
7. Deductions                           -46,240.00            0.00                      
8. a.Contract Retentions             -1,087,121.11      -43,736.30                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           24,321,061.10      830,989.72                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow     1,000,000.00                                                  
12. Net Pymt. this Estimate                             830,989.72