Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          01-270-13-50  03-0A9404                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
03-SAC-99-0.1/9.4                    Federal Project:                                   
                                     DBNH-P099(383)                                     
                                                                                        
                                                                                        
Progress payment No. 13            Payment period ending: 02-16-01                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  01280                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,796,601.75            0.00                      
2.a. Extra Work                         192,384.85      128,123.26                      
  b. Adjustment Comp.                    65,322.35      -45,740.58                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        3,054,308.95       82,382.68                      
5. Mobilization                                                                         
6. Total Work Completed    3,054,308.95                                                 
7. Deductions                                                                           
8. a.Contract Retentions               -148,596.31            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         148,596.31      148,596.31                      
9. Total pay to Contractor            3,054,308.95      230,978.99                      
10. Reduction Amt to Escrow            -148,590.00     -148,590.00                      
11. Payment to Escrow       148,590.00                                                  
12. Net Pymt. this Estimate                              82,388.99