Dept. of Trans.       FINAL   Serial No.  Contract No.                                  
                                          01-340-14-09  08-4281U4                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
08-RIV-86-R2.4/R10.8                    Federal Project:                                
                                     ACNH-P086(58)                                      
                                                                                        
                                                                                        
Progress payment No. 30            Payment period ending: 06-22-01                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  01212                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      29,276,060.32            0.00                      
2.a. Extra Work                       2,912,845.83            0.00                      
  b. Adjustment Comp.                  -173,621.76        1,596.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       32,015,284.39        1,596.00                      
5. Mobilization                         600,342.00            0.00                      
6. Total Work Completed   32,615,626.39                                                 
7. Deductions                            -1,866.25        2,000.00                      
8. a.Contract Retentions             -1,600,251.45            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.       1,600,251.45            0.00                      
9. Total pay to Contractor           32,613,760.14        3,596.00                      
10. Reduction Amt to Escrow          -1,600,250.00            0.00                      
11. Payment to Escrow     1,600,250.00                                                  
12. Net Pymt. this Estimate                               3,596.00