Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  20-126-17-14  05-1M6304
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    85%          100%

Location:                                         Federal Project:
05-SB-101-19.8/20.1                               NONE

Progress payment No. 003                     Payment period ending: 05-05-20
GRANITE CONSTRUCTION COMPANY
PO BOX 6744
SANTA BARBARA CA 93160

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.
 2. a. Extra Work                              841,932.77         470,329.92
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                841,932.77         470,329.92
 5. Mobilization
 6. Total Work Completed        841,932.77
 7. Deductions                                       0.00          10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    841,932.77         480,329.92
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       480,329.92