Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-021-09-15  05-0N72Y4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    74%           21%

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

Progress payment No. 011                     Payment period ending: 01-20-26
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077-5085

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             3,049,543.28         378,821.40
 2. a. Extra Work                               44,841.27           5,733.06
    b. Adustment Comp.                         -30,000.00               0.00
 3. Materials on Hand
 4. Earned Subject to Retention              3,064,384.55         384,554.46
 5. Mobilization                               459,318.48               0.00
 6. Total Work Completed      3,523,703.03
 7. Deductions                                -140,400.00           6,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  3,383,303.03         390,554.46
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       390,554.46