Dept. of Trans.       SUPPLEMENTAL   Serial No.  Contract No.                           
                                          12-215-07-22  11-265304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  68%          50%                             
11-SD-15-0.5/M4.0                    Federal Project:                                   
                                     NH01-5017(E)                                       
                                                                                        
                                                                                        
Progress payment No. 05            Payment period ending: 07-20-12                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       3,202,600.06            0.00                      
2.a. Extra Work                             910.00            0.00                      
  b. Adjustment Comp.                   -15,075.65            0.00                      
3. Materials on Hand                     16,297.65            0.00                      
4. Earned Subject to Retention        3,204,732.06            0.00                      
5. Mobilization                         284,450.00            0.00                      
6. Total Work Completed    3,472,884.41                                                 
7. Deductions                           -18,808.59      178,715.48                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            3,470,373.47      178,715.48                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             178,715.48