Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          10-294-08-17  09-2144U4                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  96%          99%                             
09-INY-395-65.0/76.1                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 26            Payment period ending: 10-20-10                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  02414                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      34,559,899.65      479,813.87                      
2.a. Extra Work                       1,328,084.70       19,666.94                      
  b. Adjustment Comp.                  -450,004.38            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       35,437,979.97      499,480.81                      
5. Mobilization                       3,530,395.00            0.00                      
6. Total Work Completed   38,968,374.97                                                 
7. Deductions                              -866.60            0.00                      
8. a.Contract Retentions             -1,771,899.00      -24,974.04                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           37,195,609.37      474,506.77                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow     1,771,890.00                                                  
12. Net Pymt. this Estimate                             474,506.77