Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          09-266-13-15  03-3A2204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  43%          41%                             
03-NEV-80-28.1/31.8                    Federal Project:                                 
                                     ACBI-GV08(1)                                       
                             M-GV08(1)                                                  
                                                                                        
Progress payment No. 07            Payment period ending: 09-17-09                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      14,064,146.55    4,081,482.59                      
2.a. Extra Work                         134,905.41       31,440.20                      
  b. Adjustment Comp.                   300,514.78      -50,479.66                      
3. Materials on Hand                    115,339.06         -637.95                      
4. Earned Subject to Retention       14,614,905.80    4,061,805.18                      
5. Mobilization                       3,800,000.00            0.00                      
6. Total Work Completed   18,299,566.74                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           18,414,905.80    4,061,805.18                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                           4,061,805.18