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HomeMy WebLinkAbout8 Pacific Rim Construction Settlement Agenda Item # 8 TRUCKEE DONNER CONSENT To: Board of Directors From: Michael D. Holley Date: April 21, 2010 Subject: Approve the Settlement with Pacific Rim Construction 1. WHY THIS MATTER IS BEFORE THE BOARD Board approval is required for expenditures in excess of$15,000. 2. HISTORY In 2005 and 2006, the Water Department reported to the Board regarding the condition of existing water pipelines and the need to pursue a pipeline replacement program. The District subsequently issued a COP in 2006 and dedicated a portion of those funds for the pipeline replacement program. Pipeline construction projects have been undertaken each year from 2006 through 2009 using these COP funds. The 2008 pipeline construction covered about 17,500 feet of pipeline and was broken into three separate contracts for bidding purposes. Contract A covered work in Tahoe Donner. Contract B covered work in Sierra Meadows and Ponderosa Palisades area. Contract C covered work in the Glenshire area. The bid openings for all three contracts were held on February 20, 2008. Pacific Rim Construction, Inc. (PRC) was determined to be the low bidder on all three bids and was awarded all three contracts. PRC began work on Contract B in May 2008. The construction of Contract B was essentially complete in August 2008 and the Board approved a closeout change order for Contract B in November 2008. This change order was signed by both PRC and the District. The total change order amount was $189,100. PRC began work on Contracts A & C in June 2008. The construction of both contracts was completed in October 2008. In December 2008, PRC submitted change order requests (CORs) regarding work performed on Contract A with a total of $517,928. PRC also submitted CORs regarding work performed on Contract C with a total of$177,817. The District reviewed these CORs and requested additional supporting information in a letter dated December 10, 2008. A portion of the information requested was received by the District on December 22, 2008. The remaining information was never delivered. Meetings were originally scheduled with PRC on December 23, 2008 and then again on December 30 2008 to discuss the CORs for both Contracts A & C. Those meetings were canceled by PRC. On January 27 & 28, Water Department staff held meetings with PRC in an effort to resolve the outstanding COR issues on both Contracts A & C. These meetings managed to resolve all of the CORs associated with Contract C. However, of the 17 CORs on Contract A, PRC and the District were able to reach agreement on six CORs. On February 4, 2009, the Board approved a closeout change order for Contract A in the amount of $249,625.04. This change order was never signed by PRC. Also on February 4, 2009, the Board approved a closeout change order for Contract C in the amount of$177,817. This change order was signed by both PRC and the District. On May 13, 2009, PRC submitted a claim to the District in the amount of $2,624,127. This claim, covering all three contracts, was for services and materials provided by PRC that PRC asserted was due them under the contract. PRC filed suit on October 1, 2009 against the District to force collection of their claim. Prior to the start of what was expected to be expensive discovery in this case, all parties involved in the suit agreed to attempt to resolve the issue through a non- binding mediation process. 3. NEW INFORMATION The mediation between PRC, the District, and the other involved parties took place on March 16, 2010. During that mediation, a tentative agreement for settlement was reached in the amount of $1,100,000. A final settlement agreement is included as Attachment 1 The main points of the settlement are: • The District agrees to pay the sum of $1,100,000 inclusive of those funds previously withheld by the District. • The District's obligation to pay the Settlement funds is subject to the Board's approval. • Developers shall provide the District with releases for all stop notices of record relating to the Project in forms satisfactory to the District except for the release of stop notice from Advanced Asphalt. • Advanced Asphalt's shall provide the District with a Release of Stop Notice in a form satisfactory to the District. • Developers agrees to defend and hold harmless the District from litigation by Sterling Bank claiming entitlement to the Settlement Funds. 4. FISCAL IMPACT The recommended source of funding for this action is $384,705 from the 2006 COP currently authorized for payment under the original contract and being held as a "withhold" pending resolution of the suit, and $715,295 from Water Department Capital Reserves. Sufficient funds exist in both sources to pay for this action. 5. RECOMMENDATION Authorize the Board President to sign the final settlement agreement with PRC and authorize the transfer of $715,295 From the Water Department Capital Reserve to the Water Department Operating fund to pay for this action. Michael D. Holley General Manager ATTACHMENT 1 SETTLEMENT AGREEMENT This Settlement Agreement ("Settlement Agreement") is entered into effective on the 16tn day of March, 2010, by and between Advanced Companies, Inc., dba Advanced Asphalt ("Advanced Asphalt"), Pacific Rim Construction& Development, Inc. ("Pacific Rim"), Truckee Donner Public Utility District(the "District"), and Developers Surety&Indemnity Company ("Developers") (collectively referred to as the "Parties"). I. RECITALS WHEREAS,Pacific Rim entered into three contracts with the District on or about March 27, 2008 for the District Pipeline Replacement 2008 known as Contract A,Contract B and Contract C ; and WHEREAS,Developers provided its public work performance and payment bonds for each of the Contracts: and WHEREAS, the following entities filed stop notices with the District in the following amounts: Advance Asphalt $171,427.68 [Contract A] Lakeside Specialized Transport $73,520.93 [Contract A] A. Teichert& Son $265,850.77 [Contract A] Western Nevada Supply $387,218.32 [Contract A] TNT Materials $ 1,724.52 [Contract A] Labor Claim $ 7,165.74 [Contract A] Western Nevada Supply $ 5,754.26 [Contract B] Labor Claim $ 1,692.69 [Contract B] Western Nevada Supply $ 15,285.10 [Contract C] Labor Claim $ 3,103.42 [Contract C] Total $ 932,743.43 WHEREAS, in response to the stop notices, as required by law, the District has withheld Contract Funds in a sum not less than 125%of the amount of the stop notices from funds which are 100162710.DOCX 1} 1 AA/Pacific Rim,et al. Settlement Agreement,Page 1 of 11 due or become due under this agreement to Pacific Rim or Developers; and WHEREAS,Advanced Asphalt filed an action in the Nevada County Superior Court for the State of California, under the case number T09/3584C (the "Lawsuit"), against the other Parties alleging breach of contract and other causes of action relating to alleged non-payment for services and materials provided in conjunction with the District's 2008 Pipe Replacement Project (the "Project"), for which Pacific Rim was the prime contractor; and WHEREAS,Pacific Rim,the District,and Developers each deny the allegations made in the Lawsuit; and WHEREAS,Pacific Rim and the District have each filed cross-claims(the"Cross-Claims") against each other for breach of contract and other claims related to the Project; and WHEREAS,the Parties seek to expeditiously resolve all claims asserted in the Lawsuit and the Cross-Claims without entry of judgment and without the necessity of further judicial proceedings. NOW THEREFORE,in view of the foregoing,and for valuable consideration,including the mutual promises set forth below, the parties hereto agree as follows: II. AGREEMENT The above Recitals are contractual and not merely recitals and the agreements contained herein and consideration transferred are to satisfy rights and obligations among the Parties. l. Payment: In consideration of the promises, and each of them, made in this agreement, and conditioned on the release of the stop notices set forth above and,to the extent that any of the stop notices regarding TNT Materials and the labor claims are not released,the hold harmless in paragraph 4 hereof by Developers, the District agrees to pay the sum of One {00162710.DOCX 11 2 AA/Pacific Rim,et al. Settlement Agreement,Page 2 of 11 Million One Hundred Thousand Dollars ($1,100,000) inclusive of those funds previously withheld by the District(the "Settlement Funds") as follows: a. Distribution of the Settlement Funds: The District shall pay the Settlement Funds to the following parties in the following amounts within 10 days of the District's Board of Directors' (the "Board") approval of this Settlement Agreement: i. Developers shall receive a wire transfer for Seven Hundred Seventy Three, One Hundred Twenty-Three and 70/100 ($773,123.70); ii. Advanced Asphalt shall receive a wire transfer for One Hundred Fifty Thousand Dollars ($150,000.00); iii. Capurro Trucking Inc. shall receive a wire transfer or check for Ninety Thousand Dollars ($90,000.00); iv. Cashman Equipment Company shall receive a wire transfer or check for Fourteen Thousand Seven Hundred and Fifty Dollars ($14,750.00); v. The balance shall be paid via wire transfer to the Romero Park& Wiggins P.S. ("RPW") Client Trust Account in payment of attorneys' fees and costs incurred in the prosecution of the claim of Pacific Rim against the District. 2. Board Approval: The District's obligation to pay the Settlement funds as set forth in Paragraph 1 is subject to the Board's approval of this Settlement Agreement. Counsel for the District and the District's general Manager, both attendees at the mediation during which the Settlement Understanding was achieved, agree to put approval of this Settlement Agreement on 100162710.DOCX 11 3 AA/Pacific Rim,et al. Settlement Agreement,Page 3 of 11 the agenda of the Board's next available meeting and agree to each strongly recommend approval of the Settlement Agreement to the Board. 3. Stop Notices: Advanced Asphalt's right to receive its share of the Settlement Funds as set forth in Paragraph 1 is conditioned upon Advanced Asphalt's submission to the District of a Release of Stop Notice in a form satisfactory to the District. Further, as a condition of the payments described above in paragraphs 1.a.i and 1.a.v above, Developers shall provide the District with releases for all stop notices of record relating to the Project in forms satisfactory to the District except for the release of stop notice from Advanced Asphalt required by paragraph l.a.ii from Advanced Asphalt and releases from the labor claims and TNT Materials which are the subject of the hold harmless in Paragraph 4 hereof. 4. Developers to Indemnify: Developers agrees to defend and hold harmless the District from litigation by Sterling Bank claiming entitlement to the Settlement Funds,or any portion thereof, paid to Developers under this agreement or any action brought by any entity listed as a stop notice claimant in the Recitals hereof to enforce a stop notice filed against the Contract Funds pursuant to California Civil Code Section 3210. Provided however, the foregoing defense and hold harmless is subject to the following conditions: (a)the amount of indemnity shall not exceed and be limited to the total amount paid by the District to Developers under this Agreement;(b)the District shall,as a condition precedent to the obligations undertaken herein by Developers, tender any litigation and the defense thereof to Developers within twenty(20)days after receipt thereof and Developers shall have the right,but not the obligation,to resolve all such litigation and to control and defend the litigation through counsel selected at the sole discretion of Developers. 100162710.DOCX 1} 4 AA/Pacific Rim,et al. Settlement Agreement,Page 4 of 11 5. Latent Defects: While the District, Pacific Rim, and Advanced Asphalt each agree to a mutual release of all claims between them, as is described below in more detail, the release given to Pacific Rim by the District herein expressly excludes any claims for latent defects in the work performed by Pacific Rim on the Project. 6. Stipulation and Order of Dismissal: Upon execution of this Settlement Agreement, the Parties will each take whatever action is necessary to dismiss with prejudice and without costs the claims contained in the Lawsuit and the Cross-Claims. However, Developers agrees that this Paragraph and its contents shall in no way alter, waive, or eliminate Developers' agreement contained in Paragraph 4 to indemnify the District from any claims brought by Sterling Bank seeking to recover any of the Settlement Funds. 7. Attorney's Fees and Costs. The Parties agree that each party will bear its own attorney's fees and costs in this matter. 8. Release. Except as between Developers and Pacific Rim, in further consideration of the promises, and each of them, made in this agreement, and except as is otherwise provided for in Paragraphs 4 and 5 of this Agreement, the Parties hereby mutually release each other and their administrators, assigns, agents, principals, officers, directors, and attorneys, from and against any and all suits, demands, claims, causes of action and/or liabilities of whatever kind or nature, and in any way connected with or arising out of the Project which any of the Parties may have against any of the other Parties including, but not limited to, all claims that were raised or could have been raised in the Lawsuit and Cross-Complaints filed by some of the Parties. This settlement includes all damages, injuries and/or claims of the Parties against one another whether known or unknown, foreseen or unforeseen, and whether they are latent or occur later as a result 100162710.DOCX 11 5 AA/Pacific Rim,et al. Settlement Agreement,Page 5 of 11 of their involvement in the Project,this settlement applying to all unknown or unanticipated damages resulting from their involvement in the Project, as well as those which are now known. In addition, Except as between Developers and Pacific Rim, the Parties hereby waive any rights or benefits which they may have by virtue of the provisions of California Civil Code Section 1542, which provides: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially effected his settlement with the debtor. " Thus,notwithstanding the provisions of Section 1542,and for the purpose of implementing the full and complete release and discharge of the Released Parties specified above, except as provided for in Paragraphs 4 and 5 above, the Parties expressly acknowledge that this Release is intended to include in its effect,without limitation,all claims not known or suspected to exist in his favor at the time of signing this Release, and that this Release contemplates the extinguishment of any other such claim or claims which he has or may have against the Released Parties as specified above. Outside of that which is provided for in Paragraphs 4 and 5 of this Settlement Agreement,the Parties know of no actions at law or in equity or administrative proceedings currently pending which concern allegations based on or related to the Project or any of the Parties' involvement therein, excepting those that they have expressly agreed to dismiss. The Parties warrant that they have read this Release, including this waiver of California Civil Code Section 1542, and that they have consulted counsel about this Release and specifically about the waiver of Section 1542, and that they understand the Release and the Section 1542 waiver, and so freely and knowingly enter into this Release. The Parties 100162710.DOCX 11 6 AA/Pacific Rim,et al. Settlement Agreement,Page 6 of 11 acknowledge that they may hereafter discover facts different from and in addition to those they now know or believe to be true regarding the matters released or described in this Release, and they agree that the releases and agreements contained in this Release shall be and will remain effective in all respects notwithstanding any later discovery of any such different or additional facts. The Parties hereby assume any and all risk of any mistake in connection with the true facts involved in the matters, disputes, or controversies described in this Release, or with regard to any facts which are now unknown to them relating to them. 9. Representations and Warranties. The Parties hereby represent and warrant that they have neither transferred nor assigned any of the claims contemplated in this Settlement Agreement. The Parties also represent that the undersigned are authorized and competent to enter into this Settlement Agreement and that they will never argue that the undersigned were not authorized or competent to enter herein. 10. Compromise of Disputed Claim; No Admissions. Each of the Parties herein denies, and nothing herein shall be deemed or construed to be an admission of any liability or fault in respect to any of the allegations made or which could have been made by or against any of the Parties to this dispute, for any purpose. 11. Ambiguities or Uncertainties. This Settlement Agreement, and any ambiguities or uncertainties herein, shall be equally and fairly interpreted and construed without reference to the identity of the Party or Parties who prepared this document, on the express understanding and agreement that the Parties participated equally in the negotiation and preparation of the Settlement Agreement, or have had equal opportunity to do so. Accordingly, the Parties hereby waive the benefit of California Civil Code Section 1654 and any successor amended statute, {00162710.DOCX 11 7 AA/Pacific Rim,et al. Settlement Agreement,Page 7 of 10 providing that in cases of uncertainty, language of a contract should be interpreted most strongly against the party who caused the uncertainty to exist. 12. Survival of Executory Provisions. Any and all executory provisions under this Settlement Agreement shall survive the consummation of this Settlement Agreement and shall continue in full force and effect until fully performed and satisfied. 13. California Law. This Settlement Agreement shall be governed by the laws of the State of California. Any action to enforce the terms of this Settlement Agreement shall be filed in the Superior Court of the State of California, County of Nevada. The prevailing party in any such dispute shall be entitled to recover its actual attorney's fees and costs. 14. Counterparts. This Settlement Agreement may be executed in duplicate originals or in counterparts, each of which shall be deemed an original, but all of which together shall constitute one agreement. A signature transmitted by facsimile or other electronic means shall be deemed valid and binding for all purposes. 15. Invalidity of Provision. Wherever possible, each provision in this Settlement Agreement shall be interpreted in such a manner as to be effective and valid under applicable law, but if any provision of this Settlement Agreement shall be prohibited by or invalidated by any such law, such provision shall be ineffective only to the extent of such prohibition or invalidity without invalidating the remainder of such provision, or the remaining provisions of this Settlement Agreement. 16. Further Papers: The Parties agree to execute such further papers or documents as shall be necessary or proper in order to fulfill the terms, conditions, and intent of this Settlement Agreement. {00162710.DOCX 1) 8 AA/Pacific Rim,et al. Settlement Agreement,Page 8 of 10 17. Successors: This Agreement shall be binding upon the administrators, executors, receivers,trustees, successors, assigns, decedent's estates, of the respective Parties in order to fulfill the terms, conditions and intent of this Settlement Agreement. 18. Time of Essence. Time is of the essence in this Agreement. 19. Taxes. Each party is responsible for paying their own tax obligations as specified under applicable law. 20. No third party beneficiaries. There are no third party beneficiaries to this Settlement Agreement. Specifically, but without limitation, this Agreement shall not release Pacific Rim or any other indemnitors under any indemnity agreements in favor of Developers executed by Pacific Rim, its officers, affiliates, employees, agents, directors, subsidiaries, parents, assignees, assignors, and related companies from any liability to Developers. 21. Modification. The terms of this agreement may only be modified, altered or waived by a writing executed by all of the parties released hereunder. 22. Attorney's Fees. Should any party commence an action to enforce or interpret this agreement, the prevailing party therein shall be entitled to recover its reasonable costs and attorney's fees incurred therein. 23. Jurisdiction. The Court shall retain jurisdiction to enforce the terms of this Settlement Agreement pursuant to Code of Civil Procedure Section 664.6. IN WITNESS WHEREOF,the parties have executed this Settlement Agreement. DATED: April , 2010 Advanced Companies, Inc. dba Advanced Asphalt By: 100162710.DOCX 1} 9 AA/Pacific Rim,et al. Settlement Agreement,Page 9 of 10 Its: DATED: April 92010 Pacific Rim Construction& Development, Inc. By: Its: DATED: April , 2010 Truckee Donner Public Utility District By: Its: DATED: April , 2010 Developers Surety& Indemnity Company By: Its: APPROVED AS TO FORM AND CONTENT Law Office of Justin N. Tierney DATED: April 92010 By: Justin N. Tierney Attorney for Advanced Asphalt Romero Park& Wiggins P.S. DATED: April , 2010 By: H. Troy Romero Attorney for Pacific Rim Porter Simon 100162710.DOCX 1} 10 AA/Pacific Rim,et al. Settlement Agreement,Page 10 of 10 DATED: April , 2010 By: Peter Cuttitta Attorney for TDPUD DATED: April , 2010 By: Charles J. Philipps Attorney for Developers Surety {00162710.DOCX 1} 11 AA/Pacific Rim,et al. Settlement Agreement,Page 11 of 10