Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          13-028-09-25  07-127274                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  97%          55%                             
07-LA-138-63.4/66.0                    Federal Project:                                 
                                     ACNH-P138(46)                                      
                                                                                        
                                                                                        
Progress payment No. 09            Payment period ending: 01-20-13                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      10,124,355.08      516,891.87                      
2.a. Extra Work                          31,415.44       31,415.44                      
  b. Adjustment Comp.                   -19,033.59      -19,033.59                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       10,136,736.93      529,273.72                      
5. Mobilization                         250,000.00            0.00                      
6. Total Work Completed   10,386,736.93                                                 
7. Deductions                           -10,000.00      -10,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           10,376,736.93      519,273.72                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             519,273.72