Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          10-202-10-27  01-290304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  84%          92%                             
01-HUM-101-57.0/59.1                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 21            Payment period ending: 07-20-10                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      12,518,593.63      839,991.52                      
2.a. Extra Work                         450,196.72        6,139.55                      
  b. Adjustment Comp.                  -138,553.78            0.00                      
3. Materials on Hand                     48,934.88       48,934.88                      
4. Earned Subject to Retention       12,879,171.45      895,065.95                      
5. Mobilization                         641,777.50            0.00                      
6. Total Work Completed   13,472,014.07                                                 
7. Deductions                                 0.00       10,000.00                      
8. a.Contract Retentions               -643,958.57      -44,753.29                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           12,876,990.38      860,312.66                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             860,312.66