Dept. of Trans.             PROGRESS              Serial No.    Contract No.
                                                  26-055-11-20  12-0S5304
                    PROGRESS PAYMENT VOUCHER      %complete:    %time:
                                                    22%           32%

Location:                                         Federal Project:
12-ORA-57-15.9                                    HSNH-P057(77)

Progress payment No. 004                     Payment period ending: 02-20-26
GRANITE CONSTRUCTION COMPANY
PO BOX 742478
LOS ANGELES CA 90074-2478

Escrow No. 00000
                                           Total Estimate      This Estimate
 1. Contract Itms Without Mobil.               999,907.20         268,726.40
 2. a. Extra Work                                2,720.38           2,720.38
    b. Adustment Comp.
 3. Materials on Hand                                0.00         -16,163.30
 4. Earned Subject to Retention              1,002,627.58         255,283.48
 5. Mobilization                               145,500.15               0.00
 6. Total Work Completed      1,148,127.73
 7. Deductions                                 -10,000.00         -10,000.00
 8. a. Contract Retentions
    b. Unsatisfactory Retentions
    c. Reduction after 95% Comp.
 9. Total pay to Contractor                  1,138,127.73         245,283.48
10. Reduction Amt to Escrow
11. Payment to Escrow                 0.00
12. Net Pymt. this Estimate                                       245,283.48