Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-108-11-21  01-0H5504
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    10%            3%

Location:                                         Federal Project:
01-MEN-101-55.0/64.9                              ACNH-Q101(427)

Progress payment No. 003                     Payment period ending: 04-20-25
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             1,143,075.65         259,397.75
 2. a. Extra Work                                3,960.00           3,960.00
    b. Adustment Comp.                          -2,874.68               0.00
 3. Materials on Hand
 4. Earned Subject to Retention              1,144,160.97         263,357.75
 5. Mobilization                             1,145,000.00       1,145,000.00
 6. Total Work Completed      2,289,160.97
 7. Deductions                                  -5,000.00           5,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  2,284,160.97       1,413,357.75
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,413,357.75