Dept. of Trans.         AFTER ACCEPTANCE          Serial No.    Contract No.
                                                  25-183-14-28  05-1H3104
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

Location:                                         Federal Project:
05-SB-154-R5.7/R6.2                               ACST-S154(3)

Progress payment No. 012                     Payment period ending: 06-19-25
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             6,689,560.97          13,844.03
 2. a. Extra Work                              877,302.56         518,468.01
    b. Adustment Comp.                          11,981.19         -28,111.07
 3. Materials on Hand
 4. Earned Subject to Retention              7,578,844.72         504,200.97
 5. Mobilization                               804,282.00               0.00
 6. Total Work Completed      8,383,126.72
 7. Deductions                                 -89,736.13         -52,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  8,293,390.59         452,200.97
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       452,200.97