Dept. of Trans.       FINAL   Serial No.  Contract No.                                  
                                          13-276-11-40  05-1A3104                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
05-SB-154-0.0/5.5                    Federal Project:                                   
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 10            Payment period ending: 03-14-13                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,130,476.74            0.00                      
2.a. Extra Work                          99,768.48            0.00                      
  b. Adjustment Comp.                   -23,036.86            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        2,207,208.36            0.00                      
5. Mobilization                                                                         
6. Total Work Completed    2,207,208.36                                                 
7. Deductions                          -360,000.00            0.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            1,847,208.36            0.00                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                                   0.00