Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          05-203-13-51  11-236204                       
                                          05-201-10-02  04-0T1644                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 PEP        SAT                                
Location:                                  96%          77%                             
11-IMP-111-8.8/12.6                    Federal Project:                                 
04-SOL-80-12.8/16.2                    Federal Project:                                 
                                     ACIM-080-2(343)                                    
                                     ACNH-P111(7)                                       
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Progress payment No. 09            Payment period ending: 07-20-05                      
Progress payment No. 11            Payment period ending: 07-20-05                      
FANFA INC                                                                               
GRANITE CONSTRUCTION COMPANY                                                            
2401 GRANT AVENUE                                                                       
P O BOX 50085                                                                           
SAN LORENZO CA 94580                                                                    
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         562,998.87        3,102.87                      
1. Contract Itms Without Mobil.         613,374.39            0.00                      
2.a. Extra Work                          70,567.78       36,815.80                      
2.a. Extra Work                          56,884.03            0.00                      
  b. Adjustment Comp.                                                                   
  b. Adjustment Comp.                    18,716.19            0.00                      
3. Materials on Hand                                                                    
3. Materials on Hand                                                                    
4. Earned Subject to Retention          619,882.90        3,102.87                      
5. Mobilization                           7,175.00            0.00                      
4. Earned Subject to Retention          702,658.36       36,815.80                      
5. Mobilization                          11,190.00            0.00                      
6. Total Work Completed      713,848.36                                                 
6. Total Work Completed      627,057.90                                                 
7. Deductions                                                                           
7. Deductions                            -5,458.57            0.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
8. a.Contract Retentions                -35,132.92       -1,840.79                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              673,256.87       34,975.01                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              34,975.01                      
9. Total pay to Contractor              627,057.90        3,102.87                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                               3,102.87