Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  20-296-10-26  03-0F2864
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    41%           17%

Location:                                         Federal Project:
03-SAC-99-7.1/9.4                                 ACNH-P099(663)

Progress payment No. 004                     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.            21,080,918.12       7,240,769.73
 2. a. Extra Work                               53,993.90          39,349.38
    b. Adustment Comp.
 3. Materials on Hand                           74,420.00      -3,595,045.00
 4. Earned Subject to Retention             21,209,332.02       3,685,074.11
 5. Mobilization                             5,841,695.45               0.00
 6. Total Work Completed     26,976,607.47
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 27,051,027.47       3,685,074.11
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     3,685,074.11