Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          09-082-10-41  01-290304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                   1%           0%                             
01-HUM-101-57.0/59.1                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 02            Payment period ending: 03-20-09                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         182,997.36      182,997.36                      
2.a. Extra Work                                                                         
  b. Adjustment Comp.                                                                   
3. Materials on Hand                    278,862.92     -107,891.23                      
4. Earned Subject to Retention          461,860.28       75,106.13                      
5. Mobilization                                                                         
6. Total Work Completed      182,997.36                                                 
7. Deductions                                                                           
8. a.Contract Retentions                -46,186.03       -7,510.61                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              415,674.25       67,595.52                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              67,595.52