On Wednesday, the Skidmore Water Supply Corporation (SWSC) arrived at a mediated settlement with Ram II Construction in the lawsuit and countersuit between the two entities. The settlement agreement requires the contractor to upgrade lift stations and manholes to the specifications originally provided by the project engineer in return for the release of retainage funds and a final accounting and closeout of all projects as required by the Texas Water Development Board. The agreed upon settlement has no impact on the Skidmore Water Supply Corporation's bottom line and will not affect the water and wastewater rates of SWSC members.
Thursday, April 02, 2009
Water Board Mediates Lawsuits
On Wednesday, the Skidmore Water Supply Corporation (SWSC) arrived at a mediated settlement with Ram II Construction in the lawsuit and countersuit between the two entities. The settlement agreement requires the contractor to upgrade lift stations and manholes to the specifications originally provided by the project engineer in return for the release of retainage funds and a final accounting and closeout of all projects as required by the Texas Water Development Board. The agreed upon settlement has no impact on the Skidmore Water Supply Corporation's bottom line and will not affect the water and wastewater rates of SWSC members.
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