TranSystems Corporation - LGM Construction

ARTICLE I
PURPOSE
The Port of Oakland’s Maritime Division Capital Improvement Program, including its
urgent Vision 2000 Project, is a multi-year program, currently estimated at in excess of
$640,000,000. The timely and successful completion of the Vision 2000 Project, and
complementary elements of its total Maritime Capital Improvement Program is critical to the
Port. Otherwise, the Port cannot meet the shipping requirements of its shipping company
tenants, the Oakland and San Francisco Bay Area community, the region's industries and
businesses and the Nation's international commerce. The Vision 2000 Project Maritime program
will significantly expand the capacity of the Port's maritime facilities through the development of
new berths and yards and the construction of a highly efficient Joint Intermodal Terminal for
increasing the efficiency of ship-to-rail transfer of international container traffic. This physical
expansion will more than double the size of the Port's maritime facilities and will require a highly
integrated, efficient, cost-effective and time-sensitive construction endeavor to succeed on the
critical time path that has been identified for the needs of the industry and the Nation's growing
international commerce. Timely and efficient execution of the Project is necessary to avoid
severe disruption to the Port's maritime operations. In addition, bringing the other Maritime
modernization and realignment programs on line promptly is a highly complementary element of
the Port’s strategy to provide a state of the art intermodal container facility to its maritime tenants
and partners. Failure to execute this overall program in an efficient and timely manner will cause
severe disruption to the Port's operations would dramatically reduce the competitiveness of the
Port's maritime operations. The consequences of such an outcome would send profound adverse
reverberations throughout the local, state and national economies and be very detrimental to the
Port.
The Aviation Development Program (ADP) is a multi-year program, currently estimated
at in excess of $665,000,000, to expand the Port’s international airport and general aviation
facilities. The timely and successful completion of the ADP is critical to the Port. Otherwise, it
cannot meet the operational requirements of its tenants or furnish the necessary capacity for air
service to the Oakland and San Francisco Bay Area community and the region’s airlines,
industries, businesses and the general aviation community. Completion of the ADP will enhance
regional aviation efficiency and public safety, reduce traffic congestion and improve
environmental quality of life for the region. The ADP will expand the capacity of the Port’s
aviation facilities through the development of new terminal, runway, apron, parking, roadway
and other facilities. The physical expansion will significantly increase the capacity of the airport
and will require a highly integrated, efficient, cost effective and time sensitive construction
endeavor to succeed on the critical time path that has been identified for the needs of the industry
and to minimize disruption to on-going operations. Timely and efficient execution of the ADP is
necessary to avoid severe disruption to the Port’s aviation operations and reductions in their
competitiveness, both of which would be very detrimental to the Port.
For purposes of this Agreement, these elements of work, and major maintenance work of
the Port’s Maritime and Aviation Divisions, will be collectively known as the Project.
PORT OF OAKLAND MARITIME AND AVIATION PLA
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