Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          11-355-10-57  10-0K7004                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
10-STA-99-R21.9/R22.3                    Federal Project:                               
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 18            Payment period ending: 12-07-11                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         648,766.33        1,657.55                      
2.a. Extra Work                          76,241.72        3,828.80                      
  b. Adjustment Comp.                    -1,910.20            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          723,097.85        5,486.35                      
5. Mobilization                          39,000.00            0.00                      
6. Total Work Completed      762,097.85                                                 
7. Deductions                            -5,000.00       -5,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              757,097.85          486.35                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                                 486.35