Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          13-081-14-14  11-2T1804                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  58%          99%                             
11-SD-805-9.4/13.8                    Federal Project:                                  
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 09            Payment period ending: 03-20-13                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       6,434,783.22    1,264,886.36                      
2.a. Extra Work                       1,842,284.58      889,993.69                      
  b. Adjustment Comp.                   -19,711.66         -702.03                      
3. Materials on Hand                    298,682.46      -42,188.74                      
4. Earned Subject to Retention        8,556,038.60    2,111,989.28                      
5. Mobilization                       1,425,000.00       71,250.00                      
6. Total Work Completed    9,682,356.14                                                 
7. Deductions                           -14,513.80        2,980.43                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            9,966,524.80    2,186,219.71                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                           2,186,219.71