Dept. of Trans.         AFTER ACCEPTANCE          Serial No.    Contract No.
                                                  24-170-14-04  05-1M7604
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

Location:                                         Federal Project:
05-MON-101-81.0/81.5                              CDSL-6205(31)

Progress payment No. 005                     Payment period ending: 05-24-24
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             1,606,971.86          63,997.92
 2. a. Extra Work                               69,000.38           6,262.07
    b. Adustment Comp.                         -24,515.00               0.00
 3. Materials on Hand
 4. Earned Subject to Retention              1,651,457.24          70,259.99
 5. Mobilization                               187,000.00               0.00
 6. Total Work Completed      1,838,457.24
 7. Deductions                                -223,763.91        -173,763.91
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  1,614,693.33        -103,503.92
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                      -103,503.92