Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          01-295-13-24  10-460804                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
10-SJ-5-10.7/R22.5                    Federal Project:                                  
                                     ACIM-005-6(298)                                    
                             ACIM-005-6(298)                                            
                                                                                        
Progress payment No. 30            Payment period ending: 09-28-01                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  01477                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      13,228,588.58      -78,950.00                      
2.a. Extra Work                         597,729.17       15,834.63                      
  b. Adjustment Comp.                 1,175,698.67            0.00                      
3. Materials on Hand                          0.00      -57,378.11                      
4. Earned Subject to Retention       15,002,016.42     -120,493.48                      
5. Mobilization                                                                         
6. Total Work Completed   15,002,016.42                                                 
7. Deductions                           -20,000.00      -20,000.00                      
8. a.Contract Retentions               -756,125.50            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         756,125.50      756,125.50                      
9. Total pay to Contractor           14,982,016.42      615,632.02                      
10. Reduction Amt to Escrow            -756,120.00     -756,120.00                      
11. Payment to Escrow       756,120.00                                                  
12. Net Pymt. this Estimate                            -140,487.98