Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          06-061-13-14  08-0C9814                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
08-RIV-86-R18.1/R21.5                    Federal Project:                               
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 06            Payment period ending: 02-17-06                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,800,520.39            0.00                      
2.a. Extra Work                          10,955.91            0.00                      
  b. Adjustment Comp.                   -14,962.54            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,796,513.76            0.00                      
5. Mobilization                         246,500.00            0.00                      
6. Total Work Completed    2,043,013.76                                                 
7. Deductions                           -10,000.00       29,931.20                      
8. a.Contract Retentions                -89,825.69            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          89,825.69       89,825.69                      
9. Total pay to Contractor            2,033,013.76      119,756.89                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             119,756.89