comptroller pursuant to Labor Law § 220-b (2-b) on the Contracts.
currently withheld by the
to $435,666.72 of the total amount withheld under the
National relinquishes all claims
and agrees that the Comptroller will apply the
Comptroller's withholding on the Contracts
of wages, supplements and interest owed to the employees
$435,666.72 to the underpayments
attached Summary of
owed to the City of New York, as set forth in the
and to the civil penalty
funds withheld on the Contracts are free from any
Underpayment. National represents that the
Article 3-A, and
potential claims of trust beneficiaries pursuant to Lien Law
other claims and any
harmless against such
hold the Comptroller and the City of New York
agree to indemnify and
the withheld funds of $435,666.72. Upon receipt of the payment in
claims for the full amount of
request the release of all funds over and above the $435,666.72
full, the Comptroller shall
matter on the Contracts pursuant to Section 220-b of the New
withheld from National on this
York State Labor Law.
on the Contract are insufficient or
If, for any reason, the withheld funds
liability to the Comptroller of $435,666.72, then National
unavailable to satisfy National's total
certified or cashier's check payable to the "New York City
agrees to pay the remainder by
written notice from the Comptroller that the funds did
Comptroller" within 30 days of receiving
liability. If payment in full is not received within 30 days, National shall
not satisfy their total
each employee listed in the attached Summary of Underpayment at the
owe additional interest to
annum on the full amount of the underpayment from November 7,
rate of sixteen percent per
payment.
2012 until the date of
in full as set forth in Paragraph 3,
6. Upon receipt by the Comptroller of payment
to the Comptroller under Article 8 of the New York State
National shall have no further liability
performed by the employees listed in the attached Summary of
Labor Law regarding work
Underpayment pursuant to the Contracts.
NYC-WTC 000159229
OCR can misread numbers and units. Confirm readings against the page image before using them.
NYC-WTC_000159229Source: NYC Law Department, mirrored locally
Final notice letter from the Department of Environmental Protection dated September 3, 2002, regarding World Trade Center debris observed on 49 Warren Street.