Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          01-267-07-51  05-430904                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 PEP        SAT                                
05-MON-101-R88.5/R90.2                    Federal Project:                              
                                     ACST-P101(965)                                     
                             PHG-P101(965)                                              
                                                                                        
Progress payment No. 06            Payment period ending: 09-20-01                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  01736                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         902,351.30       41,227.05                      
2.a. Extra Work                           4,216.97        3,216.97                      
  b. Adjustment Comp.                     1,965.00            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          908,533.27       44,444.02                      
5. Mobilization                                                                         
6. Total Work Completed      908,533.27                                                 
7. Deductions                           -14,122.70       -4,122.70                      
8. a.Contract Retentions                -45,426.66       -2,222.20                      
   b. Unsatisfactory Prog.                    0.00        1,364.79                      
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              848,983.91       39,463.91                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow        45,420.00                                                  
12. Net Pymt. this Estimate                              39,463.91