Dept. of Trans.       SUPPLEMENTAL   Serial No.  Contract No.                           
                                          01-127-09-14  11-1993U4                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                   6%          21%                             
11-IMP-111-R8.0/R12.9                    Federal Project:                               
                                     ACNH-P111(60)                                      
                                                                                        
                                                                                        
Progress payment No. 07            Payment period ending: 04-20-01                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  01646                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         747,720.33       14,850.00                      
2.a. Extra Work                          19,742.46       14,179.08                      
  b. Adjustment Comp.                     8,445.01            0.00                      
3. Materials on Hand                    141,810.48            0.00                      
4. Earned Subject to Retention          917,718.28       29,029.08                      
5. Mobilization                         187,030.50            0.00                      
6. Total Work Completed      962,938.30                                                 
7. Deductions                           -32,685.69      -10,000.00                      
8. a.Contract Retentions                -91,771.83       -2,902.91                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              980,291.26       16,126.17                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow        91,770.00                                                  
12. Net Pymt. this Estimate                              16,126.17