Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          10-021-10-04  01-290304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  71%          57%                             
01-HUM-101-57.0/59.1                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 15            Payment period ending: 01-20-10                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      10,343,090.22      525,021.95                      
2.a. Extra Work                         168,248.05            0.00                      
  b. Adjustment Comp.                  -137,484.61            0.00                      
3. Materials on Hand                          0.00     -164,291.33                      
4. Earned Subject to Retention       10,373,853.66      360,730.62                      
5. Mobilization                         641,777.50            0.00                      
6. Total Work Completed   11,015,631.16                                                 
7. Deductions                                                                           
8. a.Contract Retentions               -518,692.68      -18,036.53                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           10,496,938.48      342,694.09                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             342,694.09