Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          12-264-12-28  11-266104                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  85%         100%                             
11-IMP-8-R0.0/R10.0                    Federal Project:                                 
                                     ACIM-082(103)                                      
                                                                                        
                                                                                        
Progress payment No. 06            Payment period ending: 09-20-12                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      10,694,388.50    2,108,256.54                      
2.a. Extra Work                          75,545.96            0.00                      
  b. Adjustment Comp.                    -8,426.49            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       10,761,507.97    2,108,256.54                      
5. Mobilization                       1,347,600.00            0.00                      
6. Total Work Completed   12,109,107.97                                                 
7. Deductions                        -2,343,068.51     -529,064.14                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                    0.00      669,111.20                      
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            9,766,039.46    2,248,303.60                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                           2,248,303.60