Dept. of Trans.       AFTER ACCEPTANCE   Serial No.  Contract No.                       
                                          13-052-08-16  11-407204                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
11-SD-94-3.1/3.1                    Federal Project:                                    
                                     ACNH-X073(97)                                      
                                                                                        
                                                                                        
Progress payment No. 05            Payment period ending: 01-21-13                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         474,056.35        3,586.00                      
2.a. Extra Work                          70,712.54       31,054.80                      
  b. Adjustment Comp.                    -5,096.70            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          539,672.19       34,640.80                      
5. Mobilization                          40,000.00            0.00                      
6. Total Work Completed      579,672.19                                                 
7. Deductions                            -5,000.00       13,000.00                      
8. a.Contract Retentions                                                                
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor              574,672.19       47,640.80                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              47,640.80