Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          14-055-15-05  11-290404                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  58%          28%                             
11-SD-94-14.9/30.0                    Federal Project:                                  
                                     ACNH-P094(59)                                      
                                                                                        
                                                                                        
Progress payment No. 05            Payment period ending: 02-20-14                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085H STREET                                                                   
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       5,922,330.60      556,414.80                      
2.a. Extra Work                         112,753.24       25,944.89                      
  b. Adjustment Comp.                    53,564.88       -9,600.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        6,088,648.72      572,759.69                      
5. Mobilization                       1,200,000.00       60,000.00                      
6. Total Work Completed    7,288,648.72                                                 
7. Deductions                           -10,000.00       -5,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            7,278,648.72      627,759.69                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             627,759.69