Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-294-11-45  05-0N72Y4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    48%           17%

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

Progress payment No. 008                     Payment period ending: 10-20-25
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077-5085

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             1,802,515.00         294,192.00
 2. a. Extra Work                               37,751.01           8,375.79
    b. Adustment Comp.                         -30,000.00               0.00
 3. Materials on Hand
 4. Earned Subject to Retention              1,810,266.01         302,567.79
 5. Mobilization                               436,352.56               0.00
 6. Total Work Completed      2,246,618.57
 7. Deductions                                 -60,558.03         -29,564.88
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  2,186,060.54         273,002.91
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       273,002.91