The bill proposes Modification No. 3 to Contract No. DCAM-22-CS-RFQ-0001K with Paige Industrial Services, Inc., allowing the exercise of option year three for construction services with a not-to-exceed amount of $20,000,000, covering the performance period from May 2, 2025, through May 1, 2026. This modification ensures that Paige Industrial Services will continue to provide construction services for public facilities, including schools and parks, under the Department of General Services (DGS). The modification includes a guaranteed minimum payment of $50 and confirms the contractor's compliance with District tax obligations. The bill also emphasizes that task orders issued after September 30, 2025, will only proceed if the financial plan includes the necessary funds.

Additionally, the bill outlines various requirements for contractors, including compliance with the Living Wage Act, which mandates a minimum wage of $15.50 per hour for employees on contracts of $100,000 or more. It establishes that at least 35% of the contract's dollar volume must be subcontracted to small business enterprises (SBEs) and requires contractors to hire at least 51% District residents. The bill also includes provisions for compliance with health and safety regulations, particularly in light of COVID-19 mandates, and specifies that contractors must maintain necessary documentation and insurance. Overall, the legislation aims to enhance local participation, ensure fair labor standards, and streamline the contracting process while maintaining accountability and compliance.