The bill proposes an amendment to the existing lease agreement between the District of Columbia and 250 E Street LLC for approximately 101,982 square feet of office space currently occupied by the D.C. Department on Disability Services (DDS). The amendment seeks to extend the lease term by an additional 15 years, from April 1, 2028, to March 31, 2043, with an initial rental cost of $5,427,142.10 in the first year, subject to annual escalations. The amendment includes provisions for approximately $8.4 million in rent abatement and a $10.2 million tenant improvement allowance to enhance the DDS premises. It also clarifies financial responsibilities related to tenant improvements, including a new Premises Refresh Allowance of $2,039,640.00 for improvements requested after the sixth lease year.

Additionally, the bill introduces stricter compliance measures for contractors working on federally funded projects, including requirements for maintaining payroll records for a minimum of three years and submitting weekly payrolls accompanied by a Statement of Compliance. It mandates that apprentices and trainees receive appropriate compensation and fringe benefits, while also emphasizing adherence to labor standards such as the Davis-Bacon Act. The bill aims to enhance accountability and oversight within contractual relationships, particularly focusing on subcontractor compliance with established guidelines. Overall, the amendments serve to formalize the ongoing relationship between the District and the landlord while reinforcing labor compliance measures for contractors.