Dept. of Trans.           FINAL             Serial No.    Contract No.
                                            15-064-12-54  05-0T0004
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                             100%          100%

Location:                                   Federal Project:
05-SB-154-R7.8/R8.3                         SSTP-P154(21)

Progress payment No. 012               Payment period ending: 09-25-14
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES, CA 90074-2478

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.          3,082,440.18            0.00
 2. a. Extra Work                           193,937.38        4,011.88
    b. Adustment Comp.                       -4,879.20            0.00
 3. Materials on Hand
 4. Earned Subject to Retention           3,271,498.36        4,011.88
 5. Mobilization                            335,640.00            0.00
 6. Total Work Completed      3,607,138.36
 7. Deductions                               -1,000.00       10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor               3,606,138.36       14,011.88
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                  14,011.88