Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          09-202-18-15  03-3A2204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  23%          23%                             
03-NEV-80-28.1/31.8                    Federal Project:                                 
                                     ACBI-GV08(1)                                       
                             M-GV08(1)                                                  
                                                                                        
Progress payment No. 05            Payment period ending: 07-20-09                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       6,352,032.10    2,260,116.99                      
2.a. Extra Work                          88,644.59       77,394.59                      
  b. Adjustment Comp.                   350,994.44      -13,069.33                      
3. Materials on Hand                     73,724.88      -35,282.04                      
4. Earned Subject to Retention        6,865,396.01    2,289,160.21                      
5. Mobilization                       3,000,000.00            0.00                      
6. Total Work Completed    9,791,671.13                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            9,865,396.01    2,289,160.21                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                           2,289,160.21