Dept. of Trans.            SEMI-FINAL             Serial No.    Contract No.
                                                  24-274-16-18  06-0S8304
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

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

Progress payment No. 020                     Payment period ending: 05-10-24
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            10,363,368.09               0.00
 2. a. Extra Work                              627,531.76           5,000.00
    b. Adustment Comp.                        -161,831.41        -162,711.79
 3. Materials on Hand
 4. Earned Subject to Retention             10,829,068.44        -157,711.79
 5. Mobilization                             1,100,000.00               0.00
 6. Total Work Completed     11,929,068.44
 7. Deductions                                 -42,728.75          30,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 11,886,339.69        -127,711.79
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                      -127,711.79