Dept. of Trans.       FINAL   Serial No.  Contract No.                                  
                                          05-271-10-36  06-339504                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
06-TUL-63-8.0/9.2                    Federal Project:                                   
                                     ACST-P063(16)                                      
                             P-P063(16)                                                 
                                                                                        
Progress payment No. 13            Payment period ending: 01-14-05                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 950775085                                                                
                                                                                        
                                                                                        
Escrow No.  02189                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       2,862,161.87            0.00                      
2.a. Extra Work                         348,456.77         -929.54                      
  b. Adjustment Comp.                    65,986.15            0.00                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        3,276,604.79         -929.54                      
5. Mobilization                         304,900.00            0.00                      
6. Total Work Completed    3,581,504.79                                                 
7. Deductions                                                                           
8. a.Contract Retentions               -155,453.17            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         155,453.17            0.00                      
9. Total pay to Contractor            3,581,504.79         -929.54                      
10. Reduction Amt to Escrow            -155,450.00            0.00                      
11. Payment to Escrow       155,450.00                                                  
12. Net Pymt. this Estimate                                -929.54