Dept. of Trans.       PROGRESS   Serial No.  Contract No.                               
                                          10-264-14-56  01-290304                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                  94%          99%                             
01-HUM-101-57.0/59.1                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 23            Payment period ending: 09-16-10                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.      14,147,965.69      974,258.39                      
2.a. Extra Work                         592,547.29        6,472.83                      
  b. Adjustment Comp.                  -138,553.78            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention       14,601,959.20      980,731.22                      
5. Mobilization                         641,777.50            0.00                      
6. Total Work Completed   15,243,736.70                                                 
7. Deductions                            -5,000.00            0.00                      
8. a.Contract Retentions               -730,097.96      -49,036.56                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.                                                         
9. Total pay to Contractor           14,508,638.74      931,694.66                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             931,694.66