Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-260-09-44  05-0N72Y4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    41%           15%

Location:                                         Federal Project:
05-SB-101-4.4/7.7                                 NONE

Progress payment No. 007                     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.             1,508,323.00         309,931.50
 2. a. Extra Work                               29,375.22             842.40
    b. Adustment Comp.                         -30,000.00               0.00
 3. Materials on Hand
 4. Earned Subject to Retention              1,507,698.22         310,773.90
 5. Mobilization                               436,352.56               0.00
 6. Total Work Completed      1,944,050.78
 7. Deductions                                 -30,993.15         -30,993.15
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  1,913,057.63         279,780.75
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       279,780.75