Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          10-292-14-54  01-476404                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-MEN-162-19.7/30.0                    Federal Project:                                
                                     ER-43J5(4)                                         
                                                                                        
                                                                                        
Progress payment No. 05            Payment period ending: 09-23-10                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         434,211.57            0.00                      
2.a. Extra Work                         117,710.29       64,802.62                      
  b. Adjustment Comp.                    -1,405.80       -1,405.80                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          550,516.06       63,396.82                      
5. Mobilization                          35,920.00            0.00                      
6. Total Work Completed      586,436.06                                                 
7. Deductions                           -20,000.00      -15,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              566,436.06       48,396.82                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              48,396.82