Dept. of Trans.            SEMI-FINAL             Serial No.    Contract No.
                                                  17-227-15-12  06-0T1804
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

Location:                                         Federal Project:
06-TUL-99-41.3/52.0                               NONE

Progress payment No. 005                     Payment period ending: 07-12-17
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077-5085

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             2,304,714.17          19,843.60
 2. a. Extra Work                              136,530.20               0.00
    b. Adustment Comp.                         -72,169.24          20,059.33
 3. Materials on Hand
 4. Earned Subject to Retention              2,369,075.13          39,902.93
 5. Mobilization                               198,000.00               0.00
 6. Total Work Completed      2,567,075.13
 7. Deductions                                 -10,000.00          10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  2,557,075.13          49,902.93
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                        49,902.93