The proposed bill seeks to modify Contract No. DCAM-24-CS-RFP-0001 with Chiaramonte Construction Company, increasing the not-to-exceed (NTE) amount from $1,930,985 to $3,351,385.57. This increase of $1,420,400.57 is intended to facilitate the early release of funds for an initial phase of HVAC upgrades at Meyer Elementary School. The contractor will provide design-build services, including HVAC and electrical work, while the full project scope and guaranteed maximum price are finalized. The contract duration is set from June 25, 2024, to August 17, 2026, with an administrative term extending to December 30, 2027. The modification requires Council approval due to the increase exceeding $1 million and includes a mandate for a detailed subcontracting plan, ensuring that at least 35% of the contract amount is subcontracted.

The bill emphasizes compliance with fiscal sufficiency and legal standards, outlining the responsibilities of the Design-Builder during both the preconstruction and construction phases. It mandates the submission of detailed plans, including a proposed concept design and a Preliminary Budget Estimate, while ensuring adherence to sustainability standards and the District's energy performance goals. The Design-Builder is also required to maintain transparency in subcontracting and financial reporting, with specific provisions for insurance coverage and penalties for non-compliance. Overall, the legislation aims to enhance accountability, promote economic inclusion, and ensure the successful delivery of the HVAC upgrade project at Meyer Elementary School.