Dept. of Trans.            SEMI-FINAL             Serial No.    Contract No.
                                                  24-151-16-03  09-378704
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

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

Progress payment No. 009                     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               0.00
 2. a. Extra Work                              245,093.16         203,040.30
    b. Adustment Comp.                        -136,139.42               0.00
 3. Materials on Hand
 4. Earned Subject to Retention              6,012,903.34         203,040.30
 5. Mobilization                               600,000.00               0.00
 6. Total Work Completed      6,612,903.34
 7. Deductions                                 -40,000.00         -30,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  6,572,903.34         173,040.30
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       173,040.30