Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          13-295-07-50  06-0N3804                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  74%          90%                             
06-KER-178-14.3/15.7                    Federal Project:                                
                                     CSTP-17D6                                          
                                                                                        
                                                                                        
Progress payment No. 01            Payment period ending: 10-20-13                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 5127                                                                            
BAKERSFIELD CA 93388                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         322,697.70      322,697.70                      
2.a. Extra Work                                                                         
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
4. Earned Subject to Retention          322,697.70      322,697.70                      
5. Mobilization                          20,000.00       20,000.00                      
6. Total Work Completed      342,697.70                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.              -32,269.77      -32,269.77                      
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              310,427.93      310,427.93                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             310,427.93