Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  24-292-17-14  06-0X2804
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    88%           76%

Location:                                         Federal Project:
06-FRE-5-60.1/66.2                                ACIM-005(5)

Progress payment No. 005                     Payment period ending: 10-20-24
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            10,547,004.54       1,513,296.40
 2. a. Extra Work
    b. Adustment Comp.                          -8,175.00               0.00
 3. Materials on Hand                          178,350.00               0.00
 4. Earned Subject to Retention             10,717,179.54       1,513,296.40
 5. Mobilization                             1,300,000.00               0.00
 6. Total Work Completed     11,838,829.54
 7. Deductions                                 -55,000.00         -55,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 11,962,179.54       1,458,296.40
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,458,296.40