Dept. of Trans.            SEMI-FINAL             Serial No.    Contract No.
                                                  20-217-10-06  03-0F2854
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

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

Progress payment No. 004                     Payment period ending: 06-18-20
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             7,736,758.27          13,453.31
 2. a. Extra Work                              186,661.81               0.00
    b. Adustment Comp.                        -106,570.58               0.00
 3. Materials on Hand
 4. Earned Subject to Retention              7,816,849.50          13,453.31
 5. Mobilization                               917,537.08               0.00
 6. Total Work Completed      8,734,386.58
 7. Deductions                                 -20,000.00               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  8,714,386.58          13,453.31
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                        13,453.31