Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          06-292-14-12  09-301404                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
09-INY-395-25.8/31.2                    Federal Project:                                
09-INY-395-41.3/44.9                                     NONE                           
                                                                                        
                                                                                        
Progress payment No. 06            Payment period ending: 09-22-06                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       3,401,267.44            0.00                      
2.a. Extra Work                           9,162.53            0.00                      
  b. Adjustment Comp.                   -43,409.73        2,856.59                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        3,367,020.24        2,856.59                      
5. Mobilization                                                                         
6. Total Work Completed    3,367,020.24                                                 
7. Deductions                                 0.00       30,000.00                      
8. a.Contract Retentions               -168,127.98            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         168,127.98            0.00                      
9. Total pay to Contractor            3,367,020.24       32,856.59                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              32,856.59