Dept. of Trans.            SEMI-FINAL             Serial No.    Contract No.
                                                  24-088-11-53  09-378704
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

Location:                                         Federal Project:
09-MNO-395-55.5/58.2                              NONE

Progress payment No. 008                     Payment period ending: 11-27-23
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             5,903,949.60         154,500.00
 2. a. Extra Work                               42,052.86          42,052.86
    b. Adustment Comp.                        -136,139.42        -136,139.42
 3. Materials on Hand
 4. Earned Subject to Retention              5,809,863.04          60,413.44
 5. Mobilization                               600,000.00               0.00
 6. Total Work Completed      6,409,863.04
 7. Deductions                                 -10,000.00         180,375.25
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  6,399,863.04         240,788.69
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       240,788.69