Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          14-203-10-53  03-1A7324                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  75%          92%                             
03-ED-50-73.7/75.4                    Federal Project:                                  
                                     ACNH-P050(129)                                     
                                                                                        
                                                                                        
Progress payment No. 07            Payment period ending: 07-17-14                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       3,011,812.77      770,086.34                      
2.a. Extra Work                         101,747.39        8,981.49                      
  b. Adjustment Comp.                   -14,408.07            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        3,099,152.09      779,067.83                      
5. Mobilization                         371,784.70            0.00                      
6. Total Work Completed    3,470,936.79                                                 
7. Deductions                           -30,279.91      -22,965.17                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            3,440,656.88      756,102.66                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             756,102.66