Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          14-324-16-31  03-4M8504                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
03-SAC-50-R5.8/12.9                    Federal Project:                                 
                                     NH-P050(134)                                       
                                                                                        
                                                                                        
Progress payment No. 04            Payment period ending: 10-09-14                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 15287                                                                           
SACRAMENTO  CA 95851                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,030,951.90            0.00                      
2.a. Extra Work                          16,046.06       16,046.06                      
  b. Adjustment Comp.                   135,072.38      135,072.38                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        2,182,070.34      151,118.44                      
5. Mobilization                         158,608.00            0.00                      
6. Total Work Completed    2,340,678.34                                                 
7. Deductions                                 0.00       21,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            2,340,678.34      172,118.44                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             172,118.44