Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          10-057-10-30  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. 11            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.      40,462,445.95          500.00                      
2.a. Extra Work                       1,794,670.34       10,331.41                      
  b. Adjustment Comp.                  -323,638.33            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       41,933,477.96       10,831.41                      
5. Mobilization                       4,400,000.00            0.00                      
6. Total Work Completed   46,333,477.96                                                 
7. Deductions                           -35,866.00            0.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           46,297,611.96       10,831.41                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              10,831.41