Tata Pays $26 Million to Settle Lawsuit over Failed Software
Global software vendor Tata Consultancy Services and its U.S. affiliate have paid the County $26 million to settle litigation over a failed replacement to the County’s automated property tax system that initially was to have been completed in 2010 but was never delivered.
Following mediation held late last month, the Board of Supervisors approved the settlement proposal of United States Magistrate Judge Jay C. Gandhi. Tata also approved the mediator’s proposal, which resulted in a binding agreement. On Friday, August 19, 2016, the County received notification that the $26 million settlement payment from Tata had been wired to the County Treasurer-Tax Collector. Continue reading