Dept. of Trans.          PROGRESS           Serial No.    Contract No.
                                            15-237-08-40  07-4T7504
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                              74%           92%

Location:                                   Federal Project:
07-VEN-1-27.1/28.5                          NONE

Progress payment No. 002               Payment period ending: 08-20-15
GRANITE CONSTRUCTION COMPANY
PO BOX 6744
SANTA BARBAA  CA 93160

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.            423,541.66      419,641.66
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention             423,541.66      419,641.66
 5. Mobilization                             26,956.00       26,956.00
 6. Total Work Completed        450,497.66
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions            -41,964.17      -41,964.17
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 408,533.49      404,633.49
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                 404,633.49