Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  20-356-12-31  03-0F2864
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    50%           26%

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

Progress payment No. 007                     Payment period ending: 12-20-20
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            24,907,410.16       2,233,276.82
 2. a. Extra Work                            2,430,812.60               0.00
    b. Adustment Comp.
 3. Materials on Hand                           33,883.00         -83,544.00
 4. Earned Subject to Retention             27,372,105.76       2,149,732.82
 5. Mobilization                             5,841,695.45               0.00
 6. Total Work Completed     33,179,918.21
 7. Deductions                                  -5,000.00          -5,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 33,208,801.21       2,144,732.82
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     2,144,732.82