Dept. of Trans.         SEMI-FINAL          Serial No.    Contract No.
                                            16-014-14-15  05-1A3304
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                             100%          100%

Location:                                   Federal Project:
05-SB-166-55.1/70.6                         STP-P166(32)

Progress payment No. 005               Payment period ending: 12-09-15
GRANITE CONSTRUCTION COMPANY
PO BOX 720
WATSONVILLE CA 95077-5085

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.          3,036,388.63            0.00
 2. a. Extra Work                            36,612.94            0.00
    b. Adustment Comp.                      -35,103.92            0.00
 3. Materials on Hand
 4. Earned Subject to Retention           3,037,897.65            0.00
 5. Mobilization                            289,404.00            0.00
 6. Total Work Completed      3,327,301.65
 7. Deductions                             -206,955.73       10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor               3,120,345.92       10,000.00
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                  10,000.00