Dept. of Trans.          PROGRESS           Serial No.    Contract No.
                                            16-259-14-10  04-3J5104
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                              78%           66%

Location:                                   Federal Project:
04-SM-1-10.6/21.5                           NONE

Progress payment No. 002               Payment period ending: 09-20-16
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077-5085

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.          2,574,797.50    2,549,800.50
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention           2,574,797.50    2,549,800.50
 5. Mobilization                            171,787.00      171,787.00
 6. Total Work Completed      2,746,584.50
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor               2,746,584.50    2,721,587.50
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                               2,721,587.50