TranSystems Corporation - LGM Construction

Letter of Understanding: Contractor Fringe Benefit Contribution Delinquencies
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if the delinquency is disputed but has not been satisfactorily resolved by the parties within thirty
days following the notice required above, a joint check (or checks) payable to the Contractor and
the applicable trust fund(s) will be issued. The checks to be issued by the Port will not exceed
the value of any retainage held by the Port for the delinquent contractor.
I trust that this procedure is consistent with the understanding reached by the parties in the
negotiations. If the terms of this letter and the procedure it contains are agreeable to the
signatory Unions, please indicate your acceptance in the space provided below.
Sincerely,
__________________________
On behalf of the Port of Oakland
AGREED and ACCEPTED on behalf of the Building and Construction Trades Council of
Alameda, AFL-CIO and the local unions signatory to the Port of Oakland Maritime and Aviation
Project Labor Agreement this _________ day of _______________, 2000
_____________________________
Barry Luboviski, Secretary-Treasurer
PORT OF OAKLAND MARITIME AND AVIATION PLA
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