Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-050-09-42  09-374704
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    46%           56%

Location:                                         Federal Project:
09-INY-168-17.6/18.3                              ACST-X027(12)
09-INY-395-114.9/117.8

Progress payment No. 009                     Payment period ending: 02-15-26
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             7,967,103.80         657,805.61
 2. a. Extra Work                              667,723.41         346,746.64
    b. Adustment Comp.                          -8,450.79          11,035.56
 3. Materials on Hand
 4. Earned Subject to Retention              8,626,376.42       1,015,587.81
 5. Mobilization                             2,090,000.00               0.00
 6. Total Work Completed     10,716,376.42
 7. Deductions                                 -10,000.00          -5,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 10,706,376.42       1,010,587.81
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     1,010,587.81