Trustees of the Colorado Pipe Industry Employee Benefit Funds v. Colorado Springs Plumbing & Heating Co.

OPINION AND ORDER

CHILSON, District Judge.

Plaintiffs, trustees of five Colorado Pipe Industry Employee Benefit Trust Funds, seek to recover trust fund contributions allegedly due and owing from defendant Colorado Springs Plumbing and Heating Company (CSPH) as principal and Houston General Insurance Company as surety. Plaintiffs claim that CSPH is responsible for these contributions under the terms of a collective bargaining agreement executed by and between CSPH and Plumbers Local Union No. 3.

As security for the performance of its obligations under the collective bargaining agreement, CSPH, as…