Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  21-172-17-44  06-0Q9104
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    11%            4%

Location:                                         Federal Project:
06-TUL-99-19.2/19.8                               ACNH-P099(957)

Progress payment No. 003                     Payment period ending: 06-20-21
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               355,546.15         321,786.15
 2. a. Extra Work                               47,779.08          16,579.09
    b. Adustment Comp.
 3. Materials on Hand                          509,968.81         509,968.81
 4. Earned Subject to Retention                913,294.04         848,334.05
 5. Mobilization                               435,750.00         435,750.00
 6. Total Work Completed        839,075.23
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  1,349,044.04       1,284,084.05
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,284,084.05