Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-357-09-09  05-0N72Y4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    66%           20%

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

Progress payment No. 010                     Payment period ending: 12-20-25
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077-5085

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             2,670,721.88         469,582.15
 2. a. Extra Work                               39,108.21             717.60
    b. Adustment Comp.                         -30,000.00               0.00
 3. Materials on Hand
 4. Earned Subject to Retention              2,679,830.09         470,299.75
 5. Mobilization                               459,318.48          22,965.92
 6. Total Work Completed      3,139,148.57
 7. Deductions                                -146,400.00        -146,400.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  2,992,748.57         346,865.67
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       346,865.67