The proposed Modification No. M005 to Contract No. DCKA-2021-C-0012 with Fort Myer Construction Corporation seeks to exercise option year three of the contract, which will extend the period of performance from August 30, 2025, through August 29, 2026. The modification includes a not-to-exceed amount of $2,751,300 for the provision of street and bridge maintenance asphalt materials, which are essential for the repair and maintenance of local streets and highways. This amount reflects a price escalation of approximately 2% from the previous option years.

Additionally, the modification specifies that the contract is incrementally funded, with $150,000 available for payment and obligated to this contract for Option Year 3. The terms and conditions of the original contract remain unchanged, ensuring continuity in the services provided by Fort Myer Construction Corporation. The contractor has also been confirmed to be current with its District taxes, as indicated by the Clean Hands Certificate dated February 10, 2025.