Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  20-269-09-52  03-0F2844
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    58%           61%

Location:                                         Federal Project:
03-SAC-99-7.1/9.4                                 NONE

Progress payment No. 004                     Payment period ending: 09-20-20
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             8,183,948.07       1,541,770.10
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand                          123,275.00         -94,080.00
 4. Earned Subject to Retention              8,307,223.07       1,447,690.10
 5. Mobilization                             1,367,722.57          68,386.13
 6. Total Work Completed      9,551,670.64
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  9,674,945.64       1,516,076.23
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,516,076.23