The bill proposes Modification No. 3 to Contract No. DCAM-22-CS-RFQ-0001C with Chiaramonte Construction Company, allowing the exercise of option year three for construction services, with a not-to-exceed amount of $20,000,000 and a guaranteed minimum of $50. This modification will be effective from May 2, 2025, through May 1, 2026, and will enable Chiaramonte Construction to continue providing services for public facilities, contingent upon the availability of appropriated budget funding. The bill also includes an administrative correction to increase the maximum value of the agreement from $15,995,000 to $20,000,000 for all services under the Basic Ordering Agreement (BOA).

Additionally, the bill outlines various responsibilities and requirements for contractors, including compliance with safety and quality control measures, timely project completion, and adherence to ethical standards. It emphasizes the importance of subcontracting to small and local business enterprises and mandates compliance with hiring and reporting requirements under the First Source Act. The bill also introduces provisions for contract adjustments, terminations, and claims, ensuring accountability and transparency in contractor performance. Overall, the legislation aims to enhance local business participation, ensure fair labor practices, and maintain project integrity while streamlining the procurement process for construction projects.