Dept. of Trans.         AFTER ACCEPTANCE          Serial No.    Contract No.
                                                  26-155-13-28  01-0H1704
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

Location:                                         Federal Project:
01-MEN-101-R48.9/55.1                             ACNH-Q101(423)

Progress payment No. 016                     Payment period ending: 05-11-26
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             7,705,673.57           2,645.90
 2. a. Extra Work                              424,432.46          21,807.95
    b. Adustment Comp.                           6,329.08         -12,000.00
 3. Materials on Hand
 4. Earned Subject to Retention              8,136,435.11          12,453.85
 5. Mobilization                               893,000.00               0.00
 6. Total Work Completed      9,029,435.11
 7. Deductions                                  -1,000.00               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  9,028,435.11          12,453.85
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                        12,453.85