The proposed bill seeks to modify Contract No. DCAM-23-CS-RFP-0003 with Smoot Construction Company by increasing the contract's not-to-exceed amount by $41,198,166, raising the total contract value from $39,286,327 to $80,484,493. This modification is essential for the ongoing design-build services for the modernization of Thomas Elementary School, which is projected to reach substantial completion by July 15, 2026. The modification establishes a Guaranteed Maximum Price (GMP) of $80,484,493, which requires Council approval due to the significant increase in contract value. The funding for this project is certified for capital eligible items only, with an ineligible amount of $1,244,522.13 that cannot be expended until operating funds are available.

Additionally, the bill outlines the responsibilities of the contractor in providing comprehensive design and construction services for approximately 74,000 square feet of school facilities, including renovations and new construction. It emphasizes the importance of compliance with safety and environmental regulations throughout the construction process. The bill also includes provisions for shared savings, stating that any GMP savings will be split between the Department and the Design-Builder, and it establishes a structured approach to managing the project, ensuring clarity and accountability while allowing for flexibility in design and execution. Overall, the bill aims to facilitate the successful modernization of Thomas Elementary School, enhancing the educational environment for students.