Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  21-021-15-23  01-0E0804
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    20%            6%

Location:                                         Federal Project:
01-LAK-20-9.4                                     NONE
01-LAK-29-R38.9

Progress payment No. 001                     Payment period ending: 01-20-21
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               172,397.30         172,397.30
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                172,397.30         172,397.30
 5. Mobilization                                68,325.00          68,325.00
 6. Total Work Completed        240,722.30
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    240,722.30         240,722.30
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       240,722.30