The proposed bill seeks to modify Contract No. DCAM-23-CS-RFP-0025 with Keystone Plus Construction Corporation, increasing the contract's not-to-exceed amount by $6,553,936.12, raising the total value from $2,284,679.24 to $8,838,615.36. This modification is essential for Keystone Plus to continue its design-build services for the Ludlow-Taylor Elementary School addition, which is projected to be substantially completed by July 20, 2025. The modification establishes a Guaranteed Maximum Price (GMP) for the project, which includes the construction of new classrooms and administrative areas while adhering to LEED for Schools Gold principles. The contractor is responsible for any costs exceeding the GMP, and a release clause waives any claims against the Department related to delays or additional costs.

Additionally, the bill outlines the requirements for Small Business Enterprise (SBE) Subcontracting Plans, mandating that at least 35% of the contract value be allocated to qualified SBEs. If a Certified Business Enterprise (CBE) performs 100% of the work, they are exempt from these requirements. The bill emphasizes the importance of transparency and accountability in subcontracting practices, ensuring that CBEs perform a commercially useful function and maintain detailed records of their subcontractors. Overall, the bill aims to enhance educational facilities while promoting equitable opportunities for small and minority-owned businesses in the contracting process.