Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          09-356-09-41  01-290304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  68%          52%                             
01-HUM-101-57.0/59.1                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 14            Payment period ending: 12-21-09                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       9,818,068.27      489,946.94                      
2.a. Extra Work                         168,248.05       25,566.55                      
  b. Adjustment Comp.                  -137,484.61      -74,440.79                      
3. Materials on Hand                    164,291.33     -114,571.59                      
4. Earned Subject to Retention       10,013,123.04      326,501.11                      
5. Mobilization                         641,777.50            0.00                      
6. Total Work Completed   10,490,609.21                                                 
7. Deductions                                 0.00       15,000.00                      
8. a.Contract Retentions               -500,656.15      -16,325.05                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           10,154,244.39      325,176.06                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             325,176.06