Dept. of Trans.      AFTER ACCEPTANCE       Serial No.    Contract No.
                                            16-049-14-06  08-1G5104
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                             100%          100%

Location:                                   Federal Project:
08-RIV-10-97.8/104.0                        NONE

Progress payment No. 003               Payment period ending: 01-28-16
GRANITE CONSTRUCTION COMPANY
38000 MONROE ST
INDIO CA 92203

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.
 2. a. Extra Work                         3,484,344.64     -180,205.40
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention           3,484,344.64     -180,205.40
 5. Mobilization
 6. Total Work Completed      3,484,344.64
 7. Deductions                              -31,000.00      -25,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor               3,453,344.64     -205,205.40
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                -205,205.40