Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          02-093-14-53  05-486704                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
05-SLO-46-R10.8/R22.0                    Federal Project:                               
                                     ACST-P046(31)                                      
                             P-P046(31)                                                 
                                                                                        
Progress payment No. 06            Payment period ending: 11-09-01                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,237,008.12            0.00                      
2.a. Extra Work                           9,167.30            0.00                      
  b. Adjustment Comp.                    -8,510.66       -8,510.66                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        2,237,664.76       -8,510.66                      
5. Mobilization                                                                         
6. Total Work Completed    2,237,664.76                                                 
7. Deductions                           -20,014.46            0.00                      
8. a.Contract Retentions                -96,929.26            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          96,929.26            0.00                      
9. Total pay to Contractor            2,217,650.30       -8,510.66                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              -8,510.66