Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          13-234-14-08  07-228204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  22%          18%                             
07-VEN-1-22.4/26.7                    Federal Project:                                  
                                     STP-P001(574)                                      
                                                                                        
                                                                                        
Progress payment No. 03            Payment period ending: 08-20-13                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,737,557.50    1,203,880.00                      
2.a. Extra Work                                                                         
  b. Adjustment Comp.                                                                   
3. Materials on Hand                  1,367,208.00      -49,849.49                      
4. Earned Subject to Retention        3,104,765.50    1,154,030.51                      
5. Mobilization                       1,018,579.55      214,437.80                      
6. Total Work Completed    2,756,137.05                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            4,123,345.05    1,368,468.31                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                           1,368,468.31