Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-169-11-04  01-366004
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    64%           52%

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

Progress payment No. 023                     Payment period ending: 06-20-25
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            25,379,321.79       1,285,327.99
 2. a. Extra Work                            1,518,770.48         196,891.66
    b. Adustment Comp.                         204,129.84               0.00
 3. Materials on Hand                          931,233.49         -89,909.00
 4. Earned Subject to Retention             28,033,455.60       1,392,310.65
 5. Mobilization                             5,000,000.00               0.00
 6. Total Work Completed     32,102,222.11
 7. Deductions                                -335,613.37               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 32,697,842.23       1,392,310.65
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,392,310.65