Dept. of Trans.      AFTER ACCEPTANCE       Serial No.    Contract No.
                                            15-139-10-31  06-325504
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                             100%          100%

Location:                                   Federal Project:
06-KIN-198-8.9/10.1                         NONE

Progress payment No. 028               Payment period ending: 05-04-15
GRANITE CONSTRUCTION COMPANY
P O BOX 50085
WATSONVILLE CA 95077

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.         17,003,203.90       80,802.50
 2. a. Extra Work                           764,327.80       81,711.03
    b. Adustment Comp.                      171,907.54      -62,021.96
 3. Materials on Hand
 4. Earned Subject to Retention          17,939,439.24      100,491.57
 5. Mobilization                          1,600,000.00            0.00
 6. Total Work Completed     19,539,439.24
 7. Deductions                              -25,000.00      -20,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor              19,514,439.24       80,491.57
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                  80,491.57