Dept. of Trans.          PROGRESS           Serial No.    Contract No.
                                            15-147-08-08  03-4F3404
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                              15%           13%

Location:                                   Federal Project:
03-PLA-80-69.3/69.8                         IMNH-804(201)

Progress payment No. 001               Payment period ending: 05-20-15
GRANITE CONSTRUCTION COMPANY
585 WEST BEACH STREET
WATSONVILLE  CA 95076

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.            340,357.00      340,357.00
 2. a. Extra Work                             6,645.24        6,645.24
    b. Adustment Comp.                      -14,087.32      -14,087.32
 3. Materials on Hand
 4. Earned Subject to Retention             332,914.92      332,914.92
 5. Mobilization                            200,595.00      200,595.00
 6. Total Work Completed        533,509.92
 7. Deductions                                 -544.92         -544.92
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 532,965.00      532,965.00
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                 532,965.00