Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          13-238-16-00  08-1C4304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  36%          29%                             
08-RIV-74-63.0/67.5                    Federal Project:                                 
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 01            Payment period ending: 08-20-13                      
GRANITE CONSTRUCTION COMPANY                                                            
38000 MONROE STREET                                                                     
INDIO, CA 92203                                                                         
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         730,077.60      730,077.60                      
2.a. Extra Work                                                                         
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
4. Earned Subject to Retention          730,077.60      730,077.60                      
5. Mobilization                         161,500.00      161,500.00                      
6. Total Work Completed      891,577.60                                                 
7. Deductions                            -4,000.00       -4,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              887,577.60      887,577.60                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             887,577.60