The proposed Modification No. 1 to Contract No. DCAM-23-CS-RFP-0031 with Bennett Group, Inc. seeks to increase the contract's not-to-exceed amount by $10,134,787.61, raising the total contract value from $2,454,210 to $12,588,997.61. This modification is essential for the design-build services related to the Kenilworth Elementary School addition and renovation project, which was initially approved by the Council on February 16, 2024. The project includes the demolition of existing structures, construction of a new building addition, and various improvements to school facilities, with a substantial completion date set for August 22, 2025. The modification requires Council approval as it exceeds the $1 million threshold for contract increases and establishes a Guaranteed Maximum Price (GMP) of $12,588,997.61.

Additionally, the bill outlines a comprehensive financial and operational framework for the project, including a shared savings model where any GMP savings will be divided 70% to the Department and 30% to the Design-Builder, with a cap of $250,000 for the Design-Builder's share. It emphasizes the Design-Builder's responsibilities in managing the project under a "fast-track" construction method and mandates compliance with stringent requirements of the Contract Project Documents. The bill also includes provisions for subcontracting requirements for Certified Business Enterprises (CBE), ensuring that a significant portion of the contract value is allocated to CBE subcontractors, thereby supporting local businesses. Overall, the bill aims to facilitate the successful completion of the Kenilworth Elementary School project while adhering to budgetary constraints and regulatory requirements.