Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          13-294-14-41  07-228204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  46%          35%                             
07-VEN-1-22.4/26.7                    Federal Project:                                  
                                     STP-P001(574)                                      
                                                                                        
                                                                                        
Progress payment No. 05            Payment period ending: 10-20-13                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       4,657,206.70    1,317,321.00                      
2.a. Extra Work                                                                         
  b. Adjustment Comp.                                                                   
3. Materials on Hand                    839,508.36     -436,717.51                      
4. Earned Subject to Retention        5,496,715.06      880,603.49                      
5. Mobilization                       1,018,579.55            0.00                      
6. Total Work Completed    5,675,786.25                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            6,515,294.61      880,603.49                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             880,603.49