Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-297-17-26  06-1G0704
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    13%           53%

Location:                                         Federal Project:
06-TUL-99-21.4/22.7                               NONE
06-TUL-99-25.0/25.0

Progress payment No. 002                     Payment period ending: 10-20-23
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.
 2. a. Extra Work                              210,315.07         196,636.01
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention                210,315.07         196,636.01
 5. Mobilization
 6. Total Work Completed        210,315.07
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    210,315.07         196,636.01
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       196,636.01