Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          07-296-11-57  03-1A5304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  71%          50%                             
03-NEV-20-0.0/R4.1                    Federal Project:                                  
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 13            Payment period ending: 10-19-07                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      20,603,466.66    2,255,170.48                      
2.a. Extra Work                         274,800.16       29,047.39                      
  b. Adjustment Comp.                   -47,184.00            0.00                      
3. Materials on Hand                    106,838.06      -46,341.02                      
4. Earned Subject to Retention       20,937,920.88    2,237,876.85                      
5. Mobilization                       3,320,000.00            0.00                      
6. Total Work Completed   24,151,082.82                                                 
7. Deductions                           -15,000.00       -5,000.00                      
8. a.Contract Retentions             -1,046,896.04     -111,893.84                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           23,196,024.84    2,120,983.01                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                           2,120,983.01