Dept. of Trans.          PROGRESS           Serial No.    Contract No.
                                            15-204-14-57  11-2T1824
                 PROGRESS PAYMENT VOUCHER   %complete:    %time:
                                              67%           59%

Location:                                   Federal Project:
11-SD-805-4.7/5.6                           NONE

Progress payment No. 029               Payment period ending: 07-20-15
GRANITE CONSTRUCTION COMPANY
P O BOX 50085
WATSONVILLE CA 950775085

Escrow No. 00000
                                        Total Estimate   This Estimate
 1. Contract Itms Without Mobil.         23,436,232.15      604,466.45
 2. a. Extra Work                           939,137.90      119,382.38
    b. Adustment Comp.                      132,905.18      -40,000.00
 3. Materials on Hand                       352,959.32          188.02
 4. Earned Subject to Retention          24,861,234.55      684,036.85
 5. Mobilization                          3,724,750.00            0.00
 6. Total Work Completed     28,233,025.23
 7. Deductions                               -9,400.32       -3,400.32
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor              28,576,584.23      680,636.53
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                 680,636.53