Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          01-114-16-06  11-217804                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  89%          83%                             
11-IMP-111-R7.2/T8.1                    Federal Project:                                
                                     ACNH-P111(61)                                      
                                                                                        
                                                                                        
Progress payment No. 04            Payment period ending: 04-20-01                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         805,981.51      111,835.76                      
2.a. Extra Work                           4,781.41        3,090.64                      
  b. Adjustment Comp.                   -11,471.30      -11,471.30                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          799,291.62      103,455.10                      
5. Mobilization                          84,114.00            0.00                      
6. Total Work Completed      883,405.62                                                 
7. Deductions                           -11,000.00        3,000.00                      
8. a.Contract Retentions                -39,964.58       -5,172.75                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              832,441.04      101,282.35                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             101,282.35