Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          05-237-10-05  07-4K9504                       
                                          05-232-09-40  04-228444                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  61%         100%                             
Location:                                  64%          86%                             
07-LA-5-65.4/65.8                    Federal Project:                                   
04-CC-680-R0.0/R0.6                    Federal Project:                                 
                                     NONE                                               
04-ALA-680-R21.5/R21.9                                     STPL-680                     
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Progress payment No. 13            Payment period ending: 08-20-05                      
Progress payment No. 20            Payment period ending: 08-20-05                      
GRANITE CONSTRUCTION COMPANY                                                            
BAY CITIES PAVING AND GRADING                                                           
P.O. BOX 50085                                                                          
INC                                                                                     
WATSONVILLE, CA 95077                                                                   
                                                                                        
P O BOX 6227                                                                            
                                                                                        
CONCORD CA 945246227                                                                    
                                                                                        
Escrow No.  00000                                                                       
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.           5,250.00            0.00                      
1. Contract Itms Without Mobil.       3,587,892.61      379,644.45                      
2.a. Extra Work                       3,637,265.85      115,679.76                      
2.a. Extra Work                         165,787.05       25,460.94                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
  b. Adjustment Comp.                                                                   
4. Earned Subject to Retention        3,642,515.85      115,679.76                      
3. Materials on Hand                     99,332.83       -8,689.62                      
4. Earned Subject to Retention        3,853,012.49      396,415.77                      
5. Mobilization                                                                         
5. Mobilization                         650,000.00            0.00                      
6. Total Work Completed    3,642,515.85                                                 
6. Total Work Completed    4,403,679.66                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            3,642,515.85      115,679.76                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             115,679.76                      
7. Deductions                           -83,999.10            0.00                      
8. a.Contract Retentions               -192,650.62      -19,820.78                      
   b. Unsatisfactory Prog.              -88,098.67      -19,820.79                      
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            4,138,264.10      356,774.20                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             356,774.20