Dept. of Trans.       FINAL   Serial No.  Contract No.                                  
                                          08-324-08-23  06-0E0504                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
06-FRE-5-37.2/48.6                    Federal Project:                                  
                                     ACIM-005-5(135)                                    
                             ACIM-005-5(356)                                            
                                                                                        
Progress payment No. 09            Payment period ending: 08-20-08                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       7,251,184.40       18,000.00                      
2.a. Extra Work                         185,612.96       61,877.29                      
  b. Adjustment Comp.                   809,731.12     -171,158.58                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        8,246,528.48      -91,281.29                      
5. Mobilization                         775,000.00            0.00                      
6. Total Work Completed    9,021,528.48                                                 
7. Deductions                                 0.00       10,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            9,021,528.48      -81,281.29                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             -81,281.29