Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          10-333-14-04  09-2144U4                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
09-INY-395-65.0/76.1                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 27            Payment period ending: 11-16-10                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  02414                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      34,612,193.54       52,293.89                      
2.a. Extra Work                       1,680,565.34      352,480.64                      
  b. Adjustment Comp.                -1,377,284.03     -927,279.65                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       34,915,474.85     -522,505.12                      
5. Mobilization                       3,530,395.00            0.00                      
6. Total Work Completed   38,445,869.85                                                 
7. Deductions                           -20,866.60      -20,000.00                      
8. a.Contract Retentions             -1,771,899.00            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.       1,771,899.00    1,771,899.00                      
9. Total pay to Contractor           38,425,003.25    1,229,393.88                      
10. Reduction Amt to Escrow          -1,771,890.00   -1,771,890.00                      
11. Payment to Escrow     1,771,890.00                                                  
12. Net Pymt. this Estimate                            -542,496.12