Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  24-330-12-48  01-366004
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    48%           43%

Location:                                         Federal Project:
01-HUM-101-80.0/84.0                              ACNH-394(E)

Progress payment No. 016                     Payment period ending: 11-20-24
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            17,763,343.15       1,067,697.08
 2. a. Extra Work                              982,383.38         510,389.67
    b. Adustment Comp.
 3. Materials on Hand                          880,215.49        -387,368.00
 4. Earned Subject to Retention             19,625,942.02       1,190,718.75
 5. Mobilization                             4,750,000.00               0.00
 6. Total Work Completed     23,495,726.53
 7. Deductions                                -604,316.04               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 23,771,625.98       1,190,718.75
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,190,718.75