Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  21-266-09-58  03-0F2864
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    81%           66%

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

Progress payment No. 016                     Payment period ending: 09-20-21
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            44,469,906.75       1,176,969.12
 2. a. Extra Work                            3,123,172.55          55,964.79
    b. Adustment Comp.
 3. Materials on Hand                        2,581,946.00              -0.50
 4. Earned Subject to Retention             50,175,025.30       1,232,933.41
 5. Mobilization                             6,149,153.10               0.00
 6. Total Work Completed     53,742,232.40
 7. Deductions                                  -8,000.00           7,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 56,316,178.40       1,239,933.41
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,239,933.41