Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          00-327-07-04  06-353904                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  66%          67%                             
06-KER-65-8.1/8.5                    Federal Project:                                   
                                     ACNH-P065(61)                                      
                                                                                        
                                                                                        
Progress payment No. 06            Payment period ending: 11-20-00                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  01484                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,160,285.70      215,358.50                      
2.a. Extra Work                          38,593.95          -25.89                      
  b. Adjustment Comp.                     3,920.62            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,202,800.27      215,332.61                      
5. Mobilization                         160,080.00            0.00                      
6. Total Work Completed    1,362,880.27                                                 
7. Deductions                                                                           
8. a.Contract Retentions                -60,140.01      -10,766.63                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            1,302,740.26      204,565.98                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow        60,140.00                                                  
12. Net Pymt. this Estimate                             204,565.98