Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-260-09-22  05-0N7054
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    51%           43%

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

Progress payment No. 013                     Payment period ending: 09-20-25
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077-5085

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            15,589,093.84         315,889.22
 2. a. Extra Work                            2,229,348.73       1,314,431.43
    b. Adustment Comp.                           9,137.12          -2,105.96
 3. Materials on Hand
 4. Earned Subject to Retention             17,827,579.69       1,628,214.69
 5. Mobilization                             2,874,728.32               0.00
 6. Total Work Completed     20,702,308.01
 7. Deductions                                 -23,466.00         -20,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 20,678,842.01       1,608,214.69
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,608,214.69