Dept. of Trans.          PROGRESS           Serial No.    Contract No.
                                            16-112-14-41  11-2M7804
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                              98%           89%

Location:                                   Federal Project:
11-IMP-8-R28.0/R40.9                        STPI-008-2(104)

Progress payment No. 005               Payment period ending: 04-20-16
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077-5085

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.          3,784,756.37      799,282.37
 2. a. Extra Work
    b. Adustment Comp.                      -45,827.99      -45,827.99
 3. Materials on Hand
 4. Earned Subject to Retention           3,738,928.38      753,454.38
 5. Mobilization                            429,600.00            0.00
 6. Total Work Completed      4,168,528.38
 7. Deductions                              -92,276.73       55,223.27
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor               4,076,251.65      808,677.65
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                 808,677.65