Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-140-14-59  01-0H5504
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    11%            3%

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

Progress payment No. 004                     Payment period ending: 05-20-25
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             1,445,076.06         302,000.41
 2. a. Extra Work                               18,079.28          14,119.28
    b. Adustment Comp.                         -20,261.55         -17,386.87
 3. Materials on Hand
 4. Earned Subject to Retention              1,442,893.79         298,732.82
 5. Mobilization                             1,145,000.00               0.00
 6. Total Work Completed      2,587,893.79
 7. Deductions                                  -5,000.00               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  2,582,893.79         298,732.82
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       298,732.82