Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          09-245-12-54  07-127214                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
07-LA-138-51.9/52.5                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 08            Payment period ending: 07-27-09                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       4,312,467.75        1,400.00                      
2.a. Extra Work                          12,467.26       12,023.70                      
  b. Adjustment Comp.                   -82,387.26            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        4,242,547.75       13,423.70                      
5. Mobilization                         106,569.00            0.00                      
6. Total Work Completed    4,349,116.75                                                 
7. Deductions                                                                           
8. a.Contract Retentions               -211,456.20            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         211,456.20      211,456.20                      
9. Total pay to Contractor            4,349,116.75      224,879.90                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             224,879.90