Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  24-144-20-02  06-442564
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    57%           51%

Location:                                         Federal Project:
06-KER-46-26.1/30.2                               PLUL-6206(31)

Progress payment No. 008                     Payment period ending: 05-20-24
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            12,291,184.91       1,548,907.90
 2. a. Extra Work                               27,687.72           7,927.00
    b. Adustment Comp.                         169,382.73        -259,815.23
 3. Materials on Hand
 4. Earned Subject to Retention             12,488,255.36       1,297,019.67
 5. Mobilization                             1,800,000.00          90,000.00
 6. Total Work Completed     14,288,255.36
 7. Deductions                                 -40,000.00         183,625.98
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 14,248,255.36       1,570,645.65
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,570,645.65