The proposed bill authorizes the District of Columbia Housing Authority (DCHA) to enter into a contract with Keystone Plus Construction Corporation for emergency inspections and repairs at Claridge Towers and Horizon House, with a total contract value of $1,408,970.60 funded through capital funds from the FY 2025 budget. The bill outlines the procurement process, which involved a competitive selection of Keystone based on their experience and capacity in multi-family housing projects. The contract is set for one year and aims to address corrective actions required by the U.S. Department of Housing and Urban Development (HUD). Additionally, the bill establishes a Qualified Bidders Listing for On-Call Construction, Repair, and Replacement Services, with a maximum aggregate amount of $75,000,000, subject to District Council approval.

Furthermore, the bill includes provisions for wage determinations and paid holidays for various construction trades, ensuring fair compensation and working conditions for workers. It mandates compliance with Section 3 of the Housing and Urban Development Act, requiring that at least 30% of new hires be Section 3 residents, and outlines the responsibilities of contractors in meeting these hiring goals. The bill emphasizes the importance of transparency in employment practices and mandates detailed reporting on employment data, including demographic information. Overall, the legislation aims to improve living conditions for residents while promoting economic opportunities for low- and very-low-income individuals in the District of Columbia.