Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          09-141-07-31  09-2144U4                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  33%          37%                             
09-INY-395-65.0/76.1                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 09            Payment period ending: 05-20-09                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  02414                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       9,231,219.54    1,200,543.22                      
2.a. Extra Work                         279,395.05       41,125.97                      
  b. Adjustment Comp.                                                                   
3. Materials on Hand                                                                    
4. Earned Subject to Retention        9,510,614.59    1,241,669.19                      
5. Mobilization                       3,353,875.25            0.00                      
6. Total Work Completed   12,864,489.84                                                 
7. Deductions                                                                           
8. a.Contract Retentions               -714,961.21            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           12,149,528.63    1,241,669.19                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       714,960.00                                                  
12. Net Pymt. this Estimate                           1,241,669.19