The proposed bill authorizes a contract between the District of Columbia Housing Authority (DCHA) and Irreno Construction Company, Inc. for the construction of additional make-ready units at Claridge Towers, with a total value of $3,750,000. The funding for this project is allocated from the capital funds in the FY 2025 Approved Budget and Financial Plan. The contract will be structured as a Job Order Contract (JOC), allowing for a one-year base contract with options for four additional one-year renewals based on satisfactory performance. The project is set to begin on February 3, 2025, and is expected to be completed by June 23, 2025.

The procurement process for this contract was competitive, with DCHA receiving 87 bids and awarding contracts to 13 firms, including Irreno, which has a strong track record of completing projects on time and within budget. The bill includes provisions for liquidated damages, which will impose penalties for any delays or non-compliance with the contract terms. Overall, the project aims to improve housing availability and living conditions at Claridge Towers by adding necessary make-ready units, with all required permits to be secured by the contractor prior to the commencement of work.