Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-143-11-00  06-0X2504
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    34%           23%

Location:                                         Federal Project:
06-TUL-99-20.8/53.1                               PTNH-P099(691)

Progress payment No. 002                     Payment period ending: 05-20-25
GRANITE CONSTRUCTION COMPANY
580 WEST BEACH ST
WATSONVILLE CA 95076

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               511,776.00         144,046.08
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                511,776.00         144,046.08
 5. Mobilization                               199,500.00          42,000.00
 6. Total Work Completed        711,276.00
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    711,276.00         186,046.08
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       186,046.08