Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-021-09-18  05-0N74V4
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    72%           62%

Location:                                         Federal Project:
05-SB-101-9.2/9.7                                 ACNH-Q101(426)

Progress payment No. 020                     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.            38,556,425.83       1,681,851.04
 2. a. Extra Work                            3,244,432.49          48,428.02
    b. Adustment Comp.
 3. Materials on Hand                          333,797.80        -352,164.84
 4. Earned Subject to Retention             42,134,656.12       1,378,114.22
 5. Mobilization                             6,382,100.00               0.00
 6. Total Work Completed     48,182,958.32
 7. Deductions                                  -4,130.00               0.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 48,512,626.12       1,378,114.22
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,378,114.22