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     LETTING DATE : 03/22/00                     MAINE DEPARTMENT OF TRANSPORTATION                                DATE : 12/04/01
                                                                                                                   PAGE : 1
     LOCATION : HANCOCK                                 TABULATION OF BIDS

                                            CONTRACT ID : 007678.00
                                                          =========

                                        COMPLETION DATE : 05/25/01

   PROJECT(S):  BR-7678(00)X            COUNTIE(S) : HANCOCK                     MAINE STATE DEPTARTMENT OF TRANSPORTATION

                                                                                 A TRUE COPY : __________________________

                                                                                       TITLE : __________________________

     CONTRACT DESCRIPTION : HIGHWAY CONSTRUCTION AND BRIDGE REPLACEMENT          ATTEST : _______________________________
                                                                                                 NOTARY PUBLIC
  --------------------------------------------------------------------------------------------------------------------------
                                                                                                   TOTAL         % OVER
  RANK     VENDOR NO./NAME                                                                          BID           LOW BID
  --------------------------------------------------------------------------------------------------------------------------
   1   000164         C P M CONSTRUCTORS                                                     $  1,346,779.13     100.0000%
   2   000032         REED & REED, INC.                                                      $  1,639,748.56     121.7533%
   3   001104         FUNDY CONTRACTORS, INC.                                                $  1,978,710.32     146.9217%
====================================================================================================================================
                                          |(   1  ) 000164             |(   2  ) 000032             |(   3  ) 001104
                                          |C P M CONSTRUCTORS          |REED & REED INC.            |FUNDY CONTRACTORS, INC.
LINE NO / ITEM CODE / ALT                 |                            |                            |
ITEM DESCRIPTION            QUANTITY      |  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT
------------------------------------------+----------------------------+----------------------------+-------------------------------
SECTION 0001   HIGHWAY ITEMS
                                          |                            |                            |
0010 107.27                           LUMP|   10000.00000      10000.00|   20000.00000      20000.00|   21700.00000       21700.00
  TEMPORARY SOIL EROSION AND WATER        |                            |                            |
  POLLUTION CONTROL                       |                            |                            |
0020 201.11                    0.500  HA  |    8000.00000       4000.00|    7800.00000       3900.00|   10600.00000        5300.00
  CLEARING                                |                            |                            |
0030 201.23                    1.000  EA  |     290.00000        290.00|     290.00000        290.00|     660.00000         660.00
  REMOVING SINGLE TREE TOP ONLY           |                            |                            |
0040 201.24                    1.000  EA  |     100.00000        100.00|     100.00000        100.00|     660.00000         660.00
  REMOVING STUMP                          |                            |                            |
0050 202.19                  130.000  LS  |   65000.00000      65000.00|   75000.00000      75000.00|  128000.00000      128000.00
  REMOVING EXISTING BRIDGE                |                            |                            |
0060 202.202                3850.000  M2  |       3.00000      11550.00|       3.00000      11550.00|       5.00000       19250.00
  REMOVING PAVEMENT SURFACE               |                            |                            |
0070 202.203                 475.000  M2  |      10.00000       4750.00|      10.00000       4750.00|      14.00000        6650.00
  PAVEMENT BUTT JOINTS                    |                            |                            |
0080 203.20                 9320.000  M3  |      11.00000     102520.00|      10.25000      95530.00|      13.50000      125820.00
  COMMON EXCAVATION                       |                            |                            |
0090 203.203                  30.000  M   |       9.00000        270.00|       9.00000        270.00|      27.00000         810.00
  DITCH EXCAVATION                        |                            |                            |
0100 203.21                 1800.000  M3  |      32.00000      57600.00|      32.00000      57600.00|      43.00000       77400.00
  ROCK EXCAVATION                         |                            |                            |
0110 203.231                  40.000  M3  |      15.00000        600.00|      30.00000       1200.00|      27.00000        1080.00
  DISPOSAL OF RIVERBED EXCAVATION         |                            |                            |
     LETTING DATE : 03/22/00                     MAINE DEPARTMENT OF TRANSPORTATION                                DATE : 12/04/01
                                                                                                                   PAGE : 2
     LOCATION : HANCOCK                                 TABULATION OF BIDS

                                            CONTRACT ID : 007678.00
                                                          =========

====================================================================================================================================
                                          |(   1  ) 000164             |(   2   ) 000032            |(   3  ) 001104
                                          |C P M CONSTRUCTORS          |REED & REED INC.            |FUNDY CONTRACTORS, INC.
LINE NO / ITEM CODE / ALT                 |                            |                            |
ITEM DESCRIPTION            QUANTITY      |  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT
------------------------------------------+----------------------------+----------------------------+-------------------------------
0120 203.25                  380.000  M3  |      21.00000       7980.00|      21.00000       7980.00|      27.00000       10260.00
  GRANULAR BORROW                         |                            |                            |
0130 206.07                  300.000  M3  |      92.00000      27600.00|      92.00000      27600.00|     122.00000       36600.00
  STRUCTURAL ROCK EXCAVATION - DRAINAGE   |                            |                            |
  AND MINOR STRUCTURES                    |                            |                            |
0140 206.082                 350.000  M3  |      20.00000       7000.00|      20.00000       7000.00|      11.00000        3850.00
  STRUCTURAL EARTH EXCAVATION - MAJOR     |                            |                            |
  STRUCTURES                              |                            |                            |
0150 304.10                 7500.000  M3  |      15.50000     116250.00|      16.00000     120000.00|      23.00000      172500.00
  AGGREGATE SUBBASE COURSE - GRAVEL       |                            |                            |
0160 403.207                1900.000  MG  |      41.00000      77900.00|      41.00000      77900.00|      54.00000      102600.00
  HOT MIX ASPHALT 19.0 MM NOMINAL MAX SIZ |                            |                            |
0170 403.208                2300.000  MG  |      43.00000      98900.00|      43.00000      98900.00|      57.00000      131100.00
  HOT MIX ASPHALT 12.5 MM NOMINAL MAX SIZ |                            |                            |
0180 403.209                 259.000  MG  |      85.00000      22015.00|      85.00000      22015.00|     112.00000       29008.00
  HOT MIX ASPHALT 9.5 MM(SIDEWALKS,DRIVES |                            |                            |
  INCIDENTAL )                            |                            |                            |
0190 403.210                  31.000  MG  |      85.00000       2635.00|      85.00000       2635.00|     112.00000        3472.00
  HOT MIX ASPHALT 9.5 MM NOMINAL MAX SIZE |                            |                            |
0200 409.15                 2000.000  L   |       2.50000       5000.00|       2.50000       5000.00|       3.30000        6600.00
  BITUMINOUS TACK COAT APPLIED            |                            |                            |
0210 502.21                  315.000  M3  |     300.00000      94500.00|     650.00000     204750.00|     420.00000      132300.00
  STRUCTURAL CONCRETE, ABUTMENTS AND      |                            |                            |
  RETAINING WALLS                         |                            |                            |
0220 502.25                   19.000  LS  |   10000.00000      10000.00|   30000.00000      30000.00|   15900.00000       15900.00
  STRUCTURAL CONCRETE SUPERSTRUCTURE SLAB |                            |                            |
0230 502.31                   23.000  LS  |    8200.00000       8200.00|   10000.00000      10000.00|    6065.00000        6065.00
  STRUCTURAL CONCRETE APPROACH SLABS      |                            |                            |
0240 502.49                    5.000  LS  |    5500.00000       5500.00|   11000.00000      11000.00|    5755.00000        5755.00
  STRUCTURAL CONCRETE CURBS AND SIDEWALKS |                            |                            |
0250 502.56                   40.000  M3  |     260.00000      10400.00|     250.00000      10000.00|     323.00000       12920.00
  CONCRETE FILL                           |                            |                            |
0260 503.12                11290.000  KG  |       1.00000      11290.00|       1.00000      11290.00|       0.93000       10499.70
  REINFORCING STEEL, FABRICATED AND       |                            |                            |
  DELIVERED                               |                            |                            |
0270 503.13                11290.000  KG  |       0.50000       5645.00|       1.00000      11290.00|       0.66000        7451.40
  REINFORCING STEEL, PLACING              |                            |                            |
0280 507.0811                 20.000  LS  |    8500.00000       8500.00|   12000.00000      12000.00|   10600.00000       10600.00
  STEEL BRIDGE RAILING, 2 BAR             |                            |                            |
0290 508.13                  187.000  LS  |    2500.00000       2500.00|    4000.00000       4000.00|    7000.00000        7000.00
  MEMBRANE WATERPROOFING                  |                            |                            |
     LETTING DATE : 03/22/00                     MAINE DEPARTMENT OF TRANSPORTATION                                DATE : 12/04/01
                                                                                                                   PAGE : 3
     LOCATION : HANCOCK                                 TABULATION OF BIDS

                                            CONTRACT ID : 007678.00
                                                          =========

====================================================================================================================================
                                          |(   1  ) 000164             |(   2   ) 000032            |(   3  ) 001104
                                          |C P M CONSTRUCTORS          |REED & REED INC.            |FUNDY CONTRACTORS, INC.
LINE NO / ITEM CODE / ALT                 |                            |                            |
ITEM DESCRIPTION            QUANTITY      |  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT
------------------------------------------+----------------------------+----------------------------+-------------------------------
0300 510.10                           LUMP|  100000.00000     100000.00|  200000.00000     200000.00|  255984.00000      255984.00
  SPECIAL DETOUR_____(M) ROADWAY WIDTH    |                            |                            |
  VEHICULAR & PEDESTRIAN TRAFFIC NOT      |                            |                            |
  SEPARATED                               |                            |                            |
0310 511.07                           LUMP|   15000.00000      15000.00|   40000.00000      40000.00|   12000.00000       12000.00
  COFFERDAM: ABUT.#1                      |                            |                            |
0320 511.07                           LUMP|   15000.00000      15000.00|   40000.00000      40000.00|   12000.00000       12000.00
  COFFERDAM: ABUT.#2                      |                            |                            |
0330 512.081                  56.000  LS  |    2900.00000       2900.00|    2900.00000       2900.00|    3900.00000        3900.00
  FRENCH DRAINS                           |                            |                            |
0340 514.06                    1.000  EA  |     750.00000        750.00|    1200.00000       1200.00|    1320.00000        1320.00
  CURING BOX FOR CONCRETE CYLINDERS       |                            |                            |
0350 515.21                   52.000  LS  |     400.00000        400.00|    1500.00000       1500.00|    1980.00000        1980.00
  PROTECTIVE COATING FOR CONCRETE SURFACE |                            |                            |
0360 526.34                    4.000  EA  |    1500.00000       6000.00|    2000.00000       8000.00|    1374.00000        5496.00
  PERMANENT CONCRETE TRANSITION BARRIER   |                            |                            |
0370 535.60                   70.000  LS  |   90000.00000      90000.00|  100000.00000     100000.00|  144964.00000      144964.00
  PRESTRESSED STRUCTURAL CONCRETE SLAB    |                            |                            |
0380 603.159                  40.800  M   |      84.00000       3427.20|      84.00000       3427.20|     115.00000        4692.00
  300 MM CULVERT PIPE OPTION III          |                            |                            |
0390 603.169                  15.600  M   |      87.00000       1357.20|      87.00000       1357.20|     116.00000        1809.60
  375 MM CULVERT PIPE OPTION III          |                            |                            |
0400 603.179                  31.200  M   |      93.00000       2901.60|      93.00000       2901.60|     122.00000        3806.40
  450 MM CULVERT PIPE OPTION III          |                            |                            |
0410 603.195                  21.600  M   |     208.00000       4492.80|     208.00000       4492.80|     275.00000        5940.00
  600 MM RCP CLASS III                    |                            |                            |
0420 604.092                   3.000  EA  |    1400.00000       4200.00|    1400.00000       4200.00|    1850.00000        5550.00
  CATCH BASIN TYPE B1-C                   |                            |                            |
0430 604.18                    1.000  EA  |     300.00000        300.00|     300.00000        300.00|     396.00000         396.00
  ADJUSTING MANHOLE OR CATCH BASIN TO     |                            |                            |
  GRADE                                   |                            |                            |
0440 604.246                   2.000  EA  |     900.00000       1800.00|     900.00000       1800.00|    1190.00000        2380.00
  CATCH BASIN TYPE F5                     |                            |                            |
0450 605.09                  190.000  M   |      75.00000      14250.00|      75.00000      14250.00|     100.00000       19000.00
  150 MM UNDERDRAIN TYPE B                |                            |                            |
0460 605.10                   11.000  M   |      63.00000        693.00|      63.00000        693.00|      83.00000         913.00
  150 MM UNDERDRAIN OUTLET                |                            |                            |
0470 605.11                  200.000  M   |      99.00000      19800.00|      99.00000      19800.00|     130.00000       26000.00
  300 MM UNDERDRAIN TYPE C                |                            |                            |
0480 606.17                  232.410  M   |      31.00000       7204.71|      31.00000       7204.71|      46.00000       10690.86
  GUARDRAIL TYPE 3B - SINGLE RAIL         |                            |                            |
     LETTING DATE : 03/22/00                     MAINE DEPARTMENT OF TRANSPORTATION                                DATE : 12/04/01
                                                                                                                   PAGE : 4
     LOCATION : HANCOCK                                 TABULATION OF BIDS

                                            CONTRACT ID : 007678.00
                                                          =========

====================================================================================================================================
                                          |(   1  ) 000164             |(   2   ) 000032            |(   3  ) 001104
                                          |C P M CONSTRUCTORS          |REED & REED INC.            |FUNDY CONTRACTORS, INC.
LINE NO / ITEM CODE / ALT                 |                            |                            |
ITEM DESCRIPTION            QUANTITY      |  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT
------------------------------------------+----------------------------+----------------------------+-------------------------------
0490 606.1721                  4.000  EA  |    1100.00000       4400.00|     725.00000       2900.00|     950.00000        3800.00
  BRIDGE TRANSITION - TYPE 1              |                            |                            |
0500 606.22                   11.430  M   |      34.00000        388.62|      35.00000        400.05|      52.00000         594.36
  GUARDRAIL TYPE 3B - OVER 4.5 M RADIUS   |                            |                            |
0510 606.35                   11.000  EA  |      25.00000        275.00|      25.00000        275.00|      45.00000         495.00
  GUARDRAIL DELINEATOR POST               |                            |                            |
0520 606.47                    6.000  EA  |      25.00000        150.00|      25.00000        150.00|      42.00000         252.00
  SINGLE WOOD POST                        |                            |                            |
0530 606.51                    1.000  EA  |     200.00000        200.00|     175.00000        175.00|     330.00000         330.00
  MULTIPLE MAILBOX SUPPORT                |                            |                            |
0540 606.76                    3.000  EA  |    1300.00000       3900.00|    1025.00000       3075.00|    1980.00000        5940.00
  MODIFIED ECCENTRIC LOADER TERMINAL      |                            |                            |
0550 606.78                    1.000  EA  |     600.00000        600.00|     400.00000        400.00|     693.00000         693.00
  LOW VOLUME GUARDRAIL END - TYPE 3       |                            |                            |
0560 609.31                  560.000  M   |      15.00000       8400.00|      15.00000       8400.00|      20.00000       11200.00
  CURB TYPE 3                             |                            |                            |
0570 610.08                  169.000  M3  |      47.00000       7943.00|      47.00000       7943.00|      62.00000       10478.00
  PLAIN RIPRAP                            |                            |                            |
0580 610.18                  100.000  M3  |      37.00000       3700.00|      37.00000       3700.00|      49.00000        4900.00
  STONE DITCH PROTECTION                  |                            |                            |
0590 612.06                   20.000  M2  |      12.00000        240.00|      12.00000        240.00|      16.00000         320.00
  BITUMINOUS SEALING - BLACK              |                            |                            |
0600 615.07                  390.000  M3  |      22.00000       8580.00|      22.00000       8580.00|      29.00000       11310.00
  LOAM                                    |                            |                            |
0610 617.37                 1000.000  M3  |      37.00000      37000.00|      25.00000      25000.00|      33.00000       33000.00
  WOODWASTE MULCH                         |                            |                            |
0620 618.13                   10.000  UN  |      20.00000        200.00|      10.00000        100.00|      13.00000         130.00
  SEEDING METHOD NUMBER 1                 |                            |                            |
0630 618.14                   48.000  UN  |      19.00000        912.00|      10.00000        480.00|      13.00000         624.00
  SEEDING METHOD NUMBER 2                 |                            |                            |
0640 618.141                  20.000  UN  |      25.00000        500.00|      13.00000        260.00|      17.00000         340.00
  SEEDING METHOD NUMBER 3                 |                            |                            |
0650 618.15                   30.000  KG  |      10.00000        300.00|       1.00000         30.00|       1.50000          45.00
  TEMPORARY SEEDING                       |                            |                            |
0660 618.25                    5.000  M3  |      30.00000        150.00|      45.00000        225.00|      60.00000         300.00
  APPLIED WATER                           |                            |                            |
0670 619.12                   98.000  UN  |       9.00000        882.00|       8.00000        784.00|      10.00000         980.00
  MULCH                                   |                            |                            |
0680 627.71                 2100.000  M   |       0.23000        483.00|       0.75000       1575.00|       0.30000         630.00
  100 MM WHITE PAVEMENT MARKING LINE      |                            |                            |
0690 627.73                 1250.000  M   |       0.46000        575.00|       0.50000        625.00|       0.60000         750.00
  100 MM YELLOW PAVEMENT MARKING LINE     |                            |                            |
     LETTING DATE : 03/22/00                     MAINE DEPARTMENT OF TRANSPORTATION                                DATE : 12/04/01
                                                                                                                   PAGE : 5
     LOCATION : HANCOCK                                 TABULATION OF BIDS

                                            CONTRACT ID : 007678.00
                                                          =========

====================================================================================================================================
                                          |(   1  ) 000164             |(   2   ) 000032            |(   3  ) 001104
                                          |C P M CONSTRUCTORS          |REED & REED INC.            |FUNDY CONTRACTORS, INC.
LINE NO / ITEM CODE / ALT                 |                            |                            |
ITEM DESCRIPTION            QUANTITY      |  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT
------------------------------------------+----------------------------+----------------------------+-------------------------------
0700 627.75                   13.000  M2  |      43.00000        559.00|      45.00000        585.00|      57.00000         741.00
  WHITE OR YELLOW PAVEMENT AND CURB       |                            |                            |
  MARKING                                 |                            |                            |
0710 627.77                  200.000  M2  |      35.00000       7000.00|      30.00000       6000.00|      39.00000        7800.00
  REMOVING PAVEMENT MARKINGS              |                            |                            |
0720 627.78                 2750.000  M   |       0.46000       1265.00|       0.46000       1265.00|       0.60000        1650.00
  TEMPORARY 100 MM PAINTED PAVEMENT       |                            |                            |
  MARKING LINE, WHITE OR YELLOW           |                            |                            |
0730 629.05                   10.000  MH  |      30.00000        300.00|      18.00000        180.00|      20.00000         200.00
  HAND LABOR, STRAIGHT TIME               |                            |                            |
0740 631.10                   10.000  HR  |      45.00000        450.00|      45.00000        450.00|      50.00000         500.00
  AIR COMPRESSOR (INCLUDING OPERATOR)     |                            |                            |
0750 631.12                   10.000  HR  |      80.00000        800.00|      80.00000        800.00|      88.00000         880.00
  ALL PURPOSE EXCAVATOR (INCLUDING        |                            |                            |
  OPERATOR)                               |                            |                            |
0760 631.172                  10.000  HR  |      40.00000        400.00|      40.00000        400.00|      44.00000         440.00
  TRUCK - LARGE (INCLUDING OPERATOR)      |                            |                            |
0770 631.18                   10.000  HR  |      24.00000        240.00|      24.00000        240.00|      26.00000         260.00
  CHAIN SAW RENTAL (INCLUDING OPERATOR)   |                            |                            |
0780 631.20                    5.000  HR  |     135.00000        675.00|     135.00000        675.00|     297.00000        1485.00
  STUMP CHIPPER (INCLUDING OPERATOR)      |                            |                            |
0790 631.32                   12.000  HR  |     125.00000       1500.00|     150.00000       1800.00|     200.00000        2400.00
  CULVERT CLEANER (INCLUDING OPERATOR)    |                            |                            |
0800 637.071                          LUMP|    4400.00000       4400.00|    5000.00000       5000.00|    5800.00000        5800.00
  DUST CONTROL                            |                            |                            |
0810 639.18                    1.000  EA  |    5000.00000       5000.00|    8500.00000       8500.00|    5500.00000        5500.00
  FIELD OFFICE TYPE A                     |                            |                            |
0820 645.302                  30.000  EA  |      30.00000        900.00|      10.00000        300.00|      35.00000        1050.00
  DEMOUNTABLE REFLECTORIZED DELINEATOR,   |                            |                            |
  DOUBLE                                  |                            |                            |
0830 652.31                   30.000  EA  |      50.00000       1500.00|      65.00000       1950.00|     200.00000        6000.00
  TYPE I BARRICADE                        |                            |                            |
0840 652.311                  10.000  EA  |      50.00000        500.00|      65.00000        650.00|     200.00000        2000.00
  TYPE II BARRICADE                       |                            |                            |
0850 652.312                   2.000  EA  |     200.00000        400.00|     250.00000        500.00|     330.00000         660.00
  TYPE III BARRICADE                      |                            |                            |
0860 652.33                   30.000  EA  |      50.00000       1500.00|      65.00000       1950.00|      66.00000        1980.00
  DRUM                                    |                            |                            |
0870 652.34                   70.000  EA  |      20.00000       1400.00|      10.00000        700.00|      26.00000        1820.00
  CONE                                    |                            |                            |
0880 652.35                   50.000  M2  |      90.00000       4500.00|     200.00000      10000.00|      82.00000        4100.00
  CONSTRUCTION SIGNS                      |                            |                            |
     LETTING DATE : 03/22/00                     MAINE DEPARTMENT OF TRANSPORTATION                                DATE : 12/04/01
                                                                                                                   PAGE : 6
     LOCATION : HANCOCK                                 TABULATION OF BIDS

                                            CONTRACT ID : 007678.00
                                                          =========

====================================================================================================================================
                                          |(   1  ) 000164             |(   2   ) 000032            |(   3  ) 001104
                                          |C P M CONSTRUCTORS          |REED & REED INC.            |FUNDY CONTRACTORS, INC.
LINE NO / ITEM CODE / ALT                 |                            |                            |
ITEM DESCRIPTION            QUANTITY      |  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT|  UNIT PRICE          AMOUNT
------------------------------------------+----------------------------+----------------------------+-------------------------------
0890 652.361                 150.000  LS  |    3000.00000       3000.00|   10000.00000      10000.00|   19000.00000       19000.00
  MAINTENANCE OF TRAFFIC CONTROL DEVICES  |                            |                            |
0900 652.37                    2.000  GP  |    2000.00000       4000.00|    2000.00000       4000.00|    1000.00000        2000.00
  WARNING LIGHTS                          |                            |                            |
0910 652.38                 2200.000  MH  |      11.50000      25300.00|      12.00000      26400.00|      19.00000       41800.00
  FLAGGER                                 |                            |                            |
0920 658.20                  100.000  M2  |      14.40000       1440.00|      15.00000       1500.00|      19.00000        1900.00
  ACRYLIC LATEX COLOR FINISH, GREEN       |                            |                            |
0930 659.10                           LUMP|  130000.00000     130000.00|   93000.00000      93000.00|  170000.00000      170000.00
  MOBILIZATION                            |                            |                            |
0940 660.21                 1000.000  MH  |       1.00000       1000.00|       0.01000         10.00|       1.00000        1000.00
  ON-THE-JOB TRAINING (BID)               |                            |                            |
     SECTION TOTALS                       |             $  1,346,779.13|             $  1,639,748.56|              $  1,978,710.32
------------------------------------------+----------------------------+----------------------------+-------------------------------
     CONTRACT TOTALS                      |             $  1,346,779.13|             $  1,639,748.56|              $  1,978,710.32
====================================================================================================================================