Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  23-361-09-47  10-0Y1304
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    64%           49%

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

Progress payment No. 004                     Payment period ending: 12-20-23
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.             1,718,985.95         626,598.50
 2. a. Extra Work
    b. Adustment Comp.
 3. Materials on Hand                           98,787.87         -73,760.30
 4. Earned Subject to Retention              1,817,773.82         552,838.20
 5. Mobilization                               270,000.00          13,500.00
 6. Total Work Completed      1,988,985.95
 7. Deductions                                 -20,000.00         -20,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  2,067,773.82         546,338.20
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       546,338.20