Dept. of Trans.       FINAL   Serial No.  Contract No.                                  
                                          09-006-15-40  01-468304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-DN-199-13.0/14.3                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 04            Payment period ending: 08-12-08                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         393,718.77            0.00                      
2.a. Extra Work                           5,338.22            0.00                      
  b. Adjustment Comp.                    21,134.97            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          420,191.96            0.00                      
5. Mobilization                                                                         
6. Total Work Completed      420,191.96                                                 
7. Deductions                                 0.00        6,214.07                      
8. a.Contract Retentions                -16,578.90            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          16,578.90            0.00                      
9. Total pay to Contractor              420,191.96        6,214.07                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                               6,214.07