Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          08-121-13-54  10-363114                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
10-MER-99-10.2/12.8                    Federal Project:                                 
                                     ACNH-P099(493)                                     
                                                                                        
                                                                                        
Progress payment No. 32            Payment period ending: 04-03-08                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      63,486,852.11      -60,000.00                      
2.a. Extra Work                         562,315.31            0.00                      
  b. Adjustment Comp.                 1,288,435.29            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       65,337,602.71      -60,000.00                      
5. Mobilization                       6,655,000.50            0.00                      
6. Total Work Completed   71,992,603.21                                                 
7. Deductions                           -39,938.53            0.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           71,952,664.68      -60,000.00                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             -60,000.00