Dept. of Trans. AFTER ACCEPTANCE Serial No. Contract No. 03-063-15-23 01-293504 PROGRESS PAYMENT VOUCHER %complete: %time: Location: 100% 100% 01-MEN-101-37.6/39.6 Federal Project: ACST-P101(936) PH-P101(936) Progress payment No. 38 Payment period ending: 02-13-03 GRANITE CONSTRUCTION COMPANY P O BOX 50085 WATSONVILLE, CA 950775085 Escrow No. 01489 Total Estimate This Estimate 1. Contract Itms Without Mobil. 6,011,885.44 7,910.00 2.a. Extra Work 7,184,411.98 223,276.73 b. Adjustment Comp. 10,582.07 717.60 3. Materials on Hand 4. Earned Subject to Retention 13,206,879.49 231,904.33 5. Mobilization 555,000.00 0.00 6. Total Work Completed 13,761,879.49 7. Deductions -20,877.50 -20,000.00 8. a.Contract Retentions -648,748.76 0.00 b. Unsatisfactory Prog. c. Reduction after 95% Comp. 648,748.76 648,748.76 9. Total pay to Contractor 13,741,001.99 860,653.09 10. Reduction Amt to Escrow -560,000.00 -560,000.00 11. Payment to Escrow 560,000.00 12. Net Pymt. this Estimate 300,653.09