Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-057-15-08  06-0S8304
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    46%           32%

Location:                                         Federal Project:
06-FRE-5-44.4/45.4                                ACIM-005-5(155)

Progress payment No. 007                     Payment period ending: 02-20-23
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             4,365,820.45         367,761.47
 2. a. Extra Work                               36,916.12          36,916.12
    b. Adustment Comp.
 3. Materials on Hand                          199,983.80        -152,770.00
 4. Earned Subject to Retention              4,602,720.37         251,907.59
 5. Mobilization                             1,045,000.00               0.00
 6. Total Work Completed      5,447,736.57
 7. Deductions                                       0.00          10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  5,647,720.37         261,907.59
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       261,907.59