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HomeMy WebLinkAboutExhibitYEARS. Mr. Pedro G. Hernandez, City Manager City of Miami 3500 Pan American Drive Miami, FL 33133 Re: Consent and Release Agreement Misc. CEVServices Contract # K05-00056 Dear Mr. Hernandez: Porsohic, - one Penn Plaza Hrinck off'VeW. k, NY70979-0067 �72- 5000 cr.?G^�ax: 2-465-5096 L':» 4 eco ��� rai", (e1 This letter is formal notification to your agency of the planned statutory merger of Parsons Brinckerhoff Construction Services, Inc. ("PBCS") into its affiliate company, Parsons, Brinckerhoff, Quade & Douglas, Inc. ("PBQD"), which is scheduled to become effective on or about September 30, 2006. The PBCS operations will continue to provide its distinct construction services deliverables as a service line within PBQD. There will be no change in the staff assigned to perform services on your existing contracts with us. In accordance with our strategic plan, this restructuring is intended to maximize efficiencies and responsiveness in the delivery of services to our clients. We are hereby requesting your written consent to the transfer of the above -referenced Contract to PBQD, including all of PBCS' rights, obligations and insurance coverage previously required under the Contract, effective on September 30, 2006 (the "Effective Date"). By executing where indicated below, each party to this Consent and Release Agreement agrees that as of the Effective Date: 1. PBQD will be responsible for, and will pay, perform and/or discharge when due, all of PBCS' liabilities, commitments and obligations under the Contract, and Client will look solely to PBQD for such payment, performance or discharge. 2. Client consents to the transfer and assumption of the Contract by PBQD. 3. On or promptly after the Effective Date, PBQD agrees to provide insurance coverage to replace the insurance coverage previously required under the Contract. 4. This Consent and Release Agreement is binding upon the successors and assigns of each party hereto, may be executed in multiple counterparts, the originals of which may be Over a Century of Engineering Excellence fCO YEARS 6, delivered by facsimile. All of PBCS' subsidiaries shall be express third party beneficiaries of this Consent and Release Agreement. 5. For purposes of notices relating to this Consent and Release Agreement, the parties' respective addresses for notices under this Consent and Release Agreement, and the Contract, are as set forth herein. 6. As soon as reasonably practicable after the Effective Date, PBCS or PBQD will send Client a notice that the Effective Date has occurred. As time is of the essence, we would greatly appreciate your reply and concurrence by September 15, 2006. If you have any questions or concerns regarding this matter, please do not hesitate to contact Lloyd Graham, Director of Legal and Government Contracts, at 212.465.5428 or by email at graham@pbworld.com. Very truly yours, PARSONS BRINCKERHOFF INC. By: � 0 Name: /Thomas J. O'Ne Title: Chief Executive Officer CITY OF MIAMI By: Name: Title: CC: Gary Fabrikant, Asst. Director, Capital Improvements Jorge L. Fernandez, City Attorney Meredith Nation, Government Affairs & Contracts Administrator Mike Wilke, PB Dewey Martin, PB Over a Cent""ry of Engineering Excellence Consent and Release Agreement 2