Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          01-348-14-23  10-351704                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
10-ALP-88-4.0/5.2                    Federal Project:                                   
                                     ACNH-P088(38)                                      
                                                                                        
                                                                                        
Progress payment No. 14            Payment period ending: 10-09-01                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       1,116,633.83            0.00                      
2.a. Extra Work                         287,283.66       35,917.98                      
  b. Adjustment Comp.                     8,529.08       -4,930.48                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        1,412,446.57       30,987.50                      
5. Mobilization                         120,000.00            0.00                      
6. Total Work Completed    1,532,446.57                                                 
7. Deductions                           -10,000.00        4,930.48                      
8. a.Contract Retentions                -67,938.96            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          67,938.96            0.00                      
9. Total pay to Contractor            1,522,446.57       35,917.98                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              35,917.98