Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          09-355-14-20  03-3A2204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  53%          50%                             
03-NEV-80-28.1/31.8                    Federal Project:                                 
                                     ACBI-GV08(1)                                       
                             M-GV08(1)                                                  
                                                                                        
Progress payment No. 10            Payment period ending: 12-21-09                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      18,432,105.70          725.00                      
2.a. Extra Work                         209,325.71       65,892.04                      
  b. Adjustment Comp.                   299,526.06         -988.72                      
3. Materials on Hand                    932,677.90            0.00                      
4. Earned Subject to Retention       19,873,635.37       65,628.32                      
5. Mobilization                       3,800,000.00            0.00                      
6. Total Work Completed   22,740,957.47                                                 
7. Deductions                           -34,287.00      -34,287.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           23,639,348.37       31,341.32                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              31,341.32