Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          11-103-10-10  01-490504                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
01-HUM-101-R97.5/100.7                    Federal Project:                              
01-DN-101-26.8/31.3                                     ACNH-Q101(171)                  
                                                                                        
                                                                                        
Progress payment No. 07            Payment period ending: 02-04-11                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,623,622.09            5.00                      
2.a. Extra Work                          45,180.37       19,617.17                      
  b. Adjustment Comp.                   -15,901.48      -15,901.48                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        2,652,900.98        3,720.69                      
5. Mobilization                                                                         
6. Total Work Completed    2,652,900.98                                                 
7. Deductions                           -11,000.00        5,901.48                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            2,641,900.98        9,622.17                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                               9,622.17