Dept. of Trans.       FINAL   Serial No.  Contract No.                                  
                                          13-105-15-32  06-0N8104                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
06-KER-5-L30.0/L36.4                    Federal Project:                                
06-KER-5-L45.1/L52.0                                     NONE                           
06-KER-33-0.0/12.1                                                                      
                                                                                        
Progress payment No. 05            Payment period ending: 11-07-12                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       3,716,049.66       34,142.00                      
2.a. Extra Work                          15,374.24        6,340.36                      
  b. Adjustment Comp.                   -24,657.38      -24,657.38                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        3,706,766.52       15,824.98                      
5. Mobilization                                                                         
6. Total Work Completed    3,706,766.52                                                 
7. Deductions                           -21,000.00            0.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            3,685,766.52       15,824.98                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              15,824.98