Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          13-295-11-05  07-1W0804                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                   2%          55%                             
07-VEN-23-20.9/24.2                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 01            Payment period ending: 10-20-13                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 6744                                                                            
SANTA BARBARA CA 93160                                                                  
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.          28,494.32       28,494.32                      
2.a. Extra Work                                                                         
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
4. Earned Subject to Retention           28,494.32       28,494.32                      
5. Mobilization                                                                         
6. Total Work Completed       28,494.32                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor               28,494.32       28,494.32                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              28,494.32