Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          06-360-10-46  07-127264                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 PEP        SAT                                
07-LA-138-61.5/63.6                    Federal Project:                                 
                                     ACNH-P138(37)                                      
                                                                                        
                                                                                        
Progress payment No. 13            Payment period ending: 12-20-06                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       7,148,805.92    1,588,503.04                      
2.a. Extra Work                         222,792.09       51,808.99                      
  b. Adjustment Comp.                    39,953.00       -9,651.53                      
3. Materials on Hand                     40,347.13            0.00                      
4. Earned Subject to Retention        7,451,898.14    1,630,660.50                      
5. Mobilization                       1,000,000.00       50,000.00                      
6. Total Work Completed    8,411,551.01                                                 
7. Deductions                           -65,000.00      -30,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            8,386,898.14    1,650,660.50                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                           1,650,660.50