The proposed Modification No. M0008 to Contract No. CW92877 with Avid Systems, LLC, seeks to exercise the third option year of the contract, extending the period of performance from February 28, 2025, through February 27, 2026. The modification allows for a not-to-exceed amount of $10,000,000, enabling Avid Systems, LLC to continue providing information technology equipment and software to the District of Columbia. This contract is structured as an Indefinite Delivery/Indefinite Quantity (IDIQ) contract, which allows for flexibility in ordering based on the needs of the agency.

Additionally, the contract modification confirms that Avid Systems, LLC is compliant with its tax obligations as per the Citywide Clean Hands database, and the agency fiscal officer has certified that the necessary funds for FY 2025 and FY 2026 have been budgeted and are available. The modification also references the Wage Determination No. 2015-4281, ensuring that the contractor adheres to the applicable wage standards. Overall, this modification is positioned to support the ongoing IT needs of the District while ensuring compliance with financial and regulatory requirements.