Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          11-011-11-18  08-0L8104                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
08-RIV-371-69.7/69.9                    Federal Project:                                
                                     ACHS-P371(3)                                       
                             STPH-P371(3)                                               
                                                                                        
Progress payment No. 03            Payment period ending: 12-20-10                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         398,235.00        9,000.00                      
2.a. Extra Work                          14,417.63        1,925.00                      
  b. Adjustment Comp.                    -4,601.36       -4,601.36                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          408,051.27        6,323.64                      
5. Mobilization                                                                         
6. Total Work Completed      408,051.27                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              408,051.27        6,323.64                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                               6,323.64