Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-108-12-24  05-0N7054
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    28%           24%

Location:                                         Federal Project:
05-SB-101-10.4/11.1                               NONE

Progress payment No. 008                     Payment period ending: 04-20-25
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077-5085

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             7,795,306.99       1,387,839.25
 2. a. Extra Work                              175,565.19          15,550.55
    b. Adustment Comp.                          13,482.50          -2,024.53
 3. Materials on Hand
 4. Earned Subject to Retention              7,984,354.68       1,401,365.27
 5. Mobilization                             2,874,728.32         605,205.96
 6. Total Work Completed     10,859,083.00
 7. Deductions                                  -1,390.00          -1,390.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 10,857,693.00       2,005,181.23
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     2,005,181.23