Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          09-344-10-25  03-3E0404                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
03-PLA-80-33.3/44.8                    Federal Project:                                 
                                     ACBI-GV08(2)                                       
                             M-GV08(2)                                                  
                                                                                        
Progress payment No. 09            Payment period ending: 11-13-09                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      40,435,369.70        8,554.52                      
2.a. Extra Work                         837,838.21      147,161.38                      
  b. Adjustment Comp.                  -416,204.85      408,300.63                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       40,857,003.06      564,016.53                      
5. Mobilization                       4,400,000.00            0.00                      
6. Total Work Completed   45,257,003.06                                                 
7. Deductions                           -35,866.00      -13,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           45,221,137.06      551,016.53                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             551,016.53