Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          09-337-08-30  09-318104                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
09-INY-190-87.6/88.3                    Federal Project:                                
                                     SB-P190(12)                                        
                                                                                        
                                                                                        
Progress payment No. 04            Payment period ending: 11-23-09                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         742,471.55       42,253.00                      
2.a. Extra Work                                                                         
  b. Adjustment Comp.                   -19,935.64       -1,829.91                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          722,535.91       40,423.09                      
5. Mobilization                          29,400.00            0.00                      
6. Total Work Completed      751,935.91                                                 
7. Deductions                           -20,859.38      -15,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              731,076.53       25,423.09                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              25,423.09