Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  20-328-09-16  03-0F2864
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    47%           22%

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

Progress payment No. 005                     Payment period ending: 11-20-20
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            22,674,133.33       1,593,215.20
 2. a. Extra Work                            2,430,812.60       2,376,818.70
    b. Adustment Comp.
 3. Materials on Hand                           45,365.00         -29,055.00
 4. Earned Subject to Retention             25,150,310.93       3,940,978.90
 5. Mobilization                             5,841,695.45               0.00
 6. Total Work Completed     30,946,641.38
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 30,992,006.38       3,940,978.90
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     3,940,978.90