Dept. of Trans.       FINAL   Serial No.  Contract No.                                  
                                          12-135-13-44  05-0T3604                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
05-SBT-25-28.2/R32.0                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 07            Payment period ending: 12-02-11                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,218,425.18            0.00                      
2.a. Extra Work                          22,528.74            0.00                      
  b. Adjustment Comp.                    -4,462.00            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,236,491.92            0.00                      
5. Mobilization                                                                         
6. Total Work Completed    1,236,491.92                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            1,236,491.92            0.00                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                                   0.00