Dept. of Trans.              FINAL                Serial No.    Contract No.
                                                  20-232-08-06  11-2T1824
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                   100%          100%

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

Progress payment No. 061                     Payment period ending: 12-13-17
GRANITE CONSTRUCTION COMPANY
PO BOX 50085
WATSONVILLE CA 95077-5085

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.            34,781,903.11               0.00
 2. a. Extra Work                            2,930,284.72               0.00
    b. Adustment Comp.                       5,170,045.63       3,909,000.00
 3. Materials on Hand
 4. Earned Subject to Retention             42,882,233.46       3,909,000.00
 5. Mobilization                             3,724,750.00               0.00
 6. Total Work Completed     46,606,983.46
 7. Deductions                                -318,400.32       3,591,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                 46,288,583.14       7,500,000.00
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                     7,500,000.00