Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  20-296-09-41  03-0F2844
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    65%           76%

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

Progress payment No. 005                     Payment period ending: 10-20-20
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             9,258,994.64       1,075,046.56
 2. a. Extra Work                               23,853.89          23,853.89
    b. Adustment Comp.
 3. Materials on Hand                           43,514.00         -79,761.00
 4. Earned Subject to Retention              9,326,362.53       1,019,139.45
 5. Mobilization                             1,367,722.57               0.00
 6. Total Work Completed     10,650,571.10
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 10,694,085.10       1,019,139.45
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,019,139.45