Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  25-310-10-32  07-2XF604
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    88%          100%

Location:                                         Federal Project:
07-VEN-33-24.2/27.3                               NONE

Progress payment No. 038                     Payment period ending: 11-06-25
GRANITE CONSTRUCTION COMPANY
4820 MCGRATH # #101
VENTURA CA 93003

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.
 2. a. Extra Work                           24,812,115.61       6,244,068.72
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention             24,812,115.61       6,244,068.72
 5. Mobilization
 6. Total Work Completed     24,812,115.61
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 24,812,115.61       6,244,068.72
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     6,244,068.72