Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          01-270-08-46  06-447904                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
06-TUL-65-0.0/3.0                    Federal Project:                                   
                                     ACNH-P065(64)                                      
                                                                                        
                                                                                        
Progress payment No. 05            Payment period ending: 08-10-01                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,196,677.86        1,081.60                      
2.a. Extra Work                          11,321.64            0.00                      
  b. Adjustment Comp.                    -2,000.00       -2,000.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,205,999.50         -918.40                      
5. Mobilization                                                                         
6. Total Work Completed    1,205,999.50                                                 
7. Deductions                                 0.00       10,000.00                      
8. a.Contract Retentions                -34,600.11            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          34,600.11            0.00                      
9. Total pay to Contractor            1,205,999.50        9,081.60                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                               9,081.60