The New Orleans Regional Transit Authority’s board of commissioners has agreed to pay $750,000 to settle a lawsuit brought by a construction firm whose controversial contract with the transit agency led to an exodus of board members last year and attracted the attention of the FBI and federal prosecutors.
The RTA’s decision to settle with BRC Construction Group, LLC comes despite a state appellate court ruling in April that the contractor had failed to provide sufficient evidence to compel a payment from the transit authority.
That ruling from the Fourth Circuit Court of Appeal reversed a lower court decision that required the RTA to pay BRC the nearly $456,000 the firm argued it was owed, plus $68,400 in attorney’s fees and interests…