Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          10-053-08-41  01-290304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  72%          63%                             
01-HUM-101-57.0/59.1                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 16            Payment period ending: 02-22-10                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      10,515,065.72      171,975.50                      
2.a. Extra Work                         168,248.05            0.00                      
  b. Adjustment Comp.                  -137,484.61            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       10,545,829.16      171,975.50                      
5. Mobilization                         641,777.50            0.00                      
6. Total Work Completed   11,187,606.66                                                 
7. Deductions                                                                           
8. a.Contract Retentions               -527,291.46       -8,598.78                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           10,660,315.20      163,376.72                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             163,376.72