Dept. of Trans.         AFTER ACCEPTANCE          Serial No.    Contract No.
                                                  25-272-13-16  06-1G7804
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

Location:                                         Federal Project:
06-KER-5-54.2/62.5                                NONE

Progress payment No. 003                     Payment period ending: 09-07-25
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             2,561,799.91          49,775.00
 2. a. Extra Work
    b. Adustment Comp.                         -15,689.44               0.00
 3. Materials on Hand
 4. Earned Subject to Retention              2,546,110.47          49,775.00
 5. Mobilization
 6. Total Work Completed      2,546,110.47
 7. Deductions                                -261,986.50         -10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  2,284,123.97          39,775.00
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                        39,775.00