Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          10-233-07-58  09-2144U4                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  94%          91%                             
09-INY-395-65.0/76.1                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 24            Payment period ending: 08-20-10                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  02414                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      33,453,395.13      646,866.58                      
2.a. Extra Work                       1,304,815.26        8,011.47                      
  b. Adjustment Comp.                  -450,004.38     -133,166.55                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       34,308,206.01      521,711.50                      
5. Mobilization                       3,530,395.00            0.00                      
6. Total Work Completed   37,838,601.01                                                 
7. Deductions                              -866.60            0.00                      
8. a.Contract Retentions             -1,715,410.30      -26,085.57                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           36,122,324.11      495,625.93                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow     1,715,410.00                                                  
12. Net Pymt. this Estimate                             495,625.93