Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          12-170-09-42  06-0E0404                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  30%          34%                             
06-MAD-99-9.5/13.1                    Federal Project:                                  
                                     NH-P099(538)                                       
                                                                                        
                                                                                        
Progress payment No. 09            Payment period ending: 06-20-12                      
GRANITE CONSTRUCTION                                                                    
COMPANY                                                                                 
ATTN JEFF GRIMM                                                                         
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       6,164,715.10      812,929.46                      
2.a. Extra Work                       1,000,977.51            0.00                      
  b. Adjustment Comp.                    -9,865.02            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        7,155,827.59      812,929.46                      
5. Mobilization                                                                         
6. Total Work Completed    7,155,827.59                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            7,155,827.59      812,929.46                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             812,929.46