59488

Trade West Construction, Inc.

March 16, 2015Judge Peacock
Settled / WithdrawnAccord & Satisfaction / Release / Waiver

Trade West Construction, Inc. appealed under Contract No. W9128A-12-C-0026, and the Board sustained the appeal following a settlement agreement between the parties.

Material Facts

  • The Board issued an Opinion in this appeal on 19 February 2015.
  • The parties notified the Board that they wish to apply for payment from the Judgment Fund of a lesser amount than originally anticipated.
  • The parties have entered into a settlement agreement and have jointly requested that the Board enter judgment in the above-referenced appeal.
  • The Board makes a monetary award to appellant in the amount of $1,225,000.00.
  • The Corps of Engineers has paid $400,000.00 to Trade West Construction, Inc., and will pay an additional $300,000.00 by 31 March 2015.
  • The remaining balance ($525,000.00) will be submitted for payment from the Judgment Fund.

Parties

Appellant
Trade West Construction, Inc.
Respondent Agency
U.S. Army Engineer District, Honolulu
Contract Number
W9128A-12-C-0026
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