Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-297-20-45  05-0N73U4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    95%           98%

Location:                                         Federal Project:
05-SB-101-7.3/9.6                                 NONE

Progress payment No. 038                     Payment period ending: 10-20-23
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            85,126,226.78         612,558.84
 2. a. Extra Work                            3,660,396.06         183,172.41
    b. Adustment Comp.                       1,015,374.17         -63,675.55
 3. Materials on Hand
 4. Earned Subject to Retention             89,801,997.01         732,055.70
 5. Mobilization                            10,071,198.00               0.00
 6. Total Work Completed     99,873,195.01
 7. Deductions                                 -53,063.90          -4,227.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 99,820,131.11         727,828.70
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       727,828.70