Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-297-11-43  10-0Y1304
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    21%           20%

Location:                                         Federal Project:
10-MER-140-2.3/49.0                               HSNH-P140(42)

Progress payment No. 002                     Payment period ending: 10-20-23
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               364,287.10         205,352.10
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand                          121,533.07         -38,407.38
 4. Earned Subject to Retention                485,820.17         166,944.72
 5. Mobilization                               202,500.00               0.00
 6. Total Work Completed        566,787.10
 7. Deductions
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                    688,320.17         166,944.72
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       166,944.72