Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          01-296-14-12  11-1993U4                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  37%          47%                             
11-IMP-111-R8.0/R12.9                    Federal Project:                               
                                     ACNH-P111(60)                                      
                                                                                        
                                                                                        
Progress payment No. 13            Payment period ending: 10-20-01                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  01646                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       5,598,688.09      746,139.00                      
2.a. Extra Work                          49,416.77        7,541.55                      
  b. Adjustment Comp.                    41,271.31         -125.70                      
3. Materials on Hand                    154,318.39       -1,289.40                      
4. Earned Subject to Retention        5,843,694.56      752,265.45                      
5. Mobilization                         355,357.95            0.00                      
6. Total Work Completed    6,044,734.12                                                 
7. Deductions                           -42,720.33      -10,000.00                      
8. a.Contract Retentions               -310,771.71            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            5,845,560.47      742,265.45                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow       310,770.00                                                  
12. Net Pymt. this Estimate                             742,265.45