Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          04-365-12-51  05-0H3904                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
05-SB-101-46.1/R52.5                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 06            Payment period ending: 10-01-04                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.         591,559.38            0.00                      
2.a. Extra Work                         118,908.99       84,085.13                      
  b. Adjustment Comp.                    -2,062.35       -2,062.35                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention          708,406.02       82,022.78                      
5. Mobilization                                                                         
6. Total Work Completed      708,406.02                                                 
7. Deductions                           -30,000.00            0.00                      
8. a.Contract Retentions                -15,355.54            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.          15,355.54            0.00                      
9. Total pay to Contractor              678,406.02       82,022.78                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                              82,022.78