Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          06-062-16-41  01-456804                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-MEN-222-L0.4/2.0                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 06            Payment period ending: 10-04-05                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         514,516.32            0.00                      
2.a. Extra Work                         103,817.16       -4,180.42                      
  b. Adjustment Comp.                     4,935.00            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          623,268.48       -4,180.42                      
5. Mobilization                                                                         
6. Total Work Completed      623,268.48                                                 
7. Deductions                                 0.00       10,000.00                      
8. a.Contract Retentions                -24,121.48            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          24,121.48            0.00                      
9. Total pay to Contractor              623,268.48        5,819.58                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                               5,819.58