Dept. of Trans.          PROGRESS           Serial No.    Contract No.
                                            16-326-12-53  01-0G0904
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                              39%           36%

Location:                                   Federal Project:
01-MEN-20-33.6/R38.5                        NONE

Progress payment No. 002               Payment period ending: 11-20-16
GRANITE CONSTRUCTION COMPANY
1324 SOUTH STATE ST
UKIAH CA 95482

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.            735,833.52      728,483.52
 2. a. Extra Work                           148,410.24      148,410.24
    b. Adustment Comp.                      -14,830.94      -14,830.94
 3. Materials on Hand
 4. Earned Subject to Retention             869,412.82      862,062.82
 5. Mobilization
 6. Total Work Completed        869,412.82
 7. Deductions                               -2,250.00       -2,250.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 867,162.82      859,812.82
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                 859,812.82