Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          14-233-08-26  09-359004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  49%          53%                             
09-INY-190-18.5/24.6                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 01            Payment period ending: 08-20-14                      
GRANITE CONSTRUCTION CO.                                                                
P.O. BOX 50085                                                                          
WATSONVILLE  CA 95077                                                                   
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,098,079.08    1,098,079.08                      
2.a. Extra Work                                                                         
  b. Adjustment Comp.                   -18,765.25      -18,765.25                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,079,313.83    1,079,313.83                      
5. Mobilization                                                                         
6. Total Work Completed    1,079,313.83                                                 
7. Deductions                                                                           
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            1,079,313.83    1,079,313.83                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                           1,079,313.83