Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          12-332-10-40  11-2T1814                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  29%          16%                             
11-SD-805-5.5/9.4                    Federal Project:                                   
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 06            Payment period ending: 11-20-12                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       5,787,387.97    1,532,370.71                      
2.a. Extra Work                           5,450.44          -89.10                      
  b. Adjustment Comp.                    -2,000.00            0.00                      
3. Materials on Hand                          0.00     -166,538.99                      
4. Earned Subject to Retention        5,790,838.41    1,365,742.62                      
5. Mobilization                       2,774,000.00      584,000.00                      
6. Total Work Completed    8,564,838.41                                                 
7. Deductions                            -5,797.40        3,621.60                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor            8,559,041.01    1,953,364.22                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                           1,953,364.22