Dept. of Trans.            SEMI-FINAL             Serial No.    Contract No.
                                                  21-140-09-04  08-1K8204
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

Location:                                         Federal Project:
08-RIV-74-7.0/11.8                                NONE

Progress payment No. 016                     Payment period ending: 12-30-20
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                            9,910,973.22         -48,400.00
    b. Adustment Comp.
 3. Materials on Hand
 4. Earned Subject to Retention              9,910,973.22         -48,400.00
 5. Mobilization
 6. Total Work Completed      9,910,973.22
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  9,910,973.22         -48,400.00
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       -48,400.00