The bill proposes modifications to Contract No. DCAM-22-CS-RFQ-0001F with HRGM Corporation, allowing the exercise of option year three for construction services with a not-to-exceed amount of $20,000,000, covering the period from May 2, 2025, to May 1, 2026. It confirms that HRGM Corporation is compliant with District tax obligations and includes a guaranteed minimum value of $50. The modification is certified as legally sufficient and aligns with the agency's budget authority. The bill also outlines the procedures for engaging contractors for construction projects, emphasizing compliance with clean hand matters and the necessity of a fully executed Task Order Agreement before work commencement.

Additionally, the bill amends the Living Wage Act of 2006, establishing a living wage rate of $15.50 per hour effective January 1, 2022, with future increases based on the Consumer Price Index. It applies to contracts valued at $100,000 or more and includes provisions for subcontractors. The bill mandates that contractors ensure compliance with the Living Wage Act and the Davis-Bacon Act, requiring a minimum of 35% of contract value to be subcontracted to small business enterprises. It also emphasizes hiring District residents, with at least 51% of new hires required to be local. Overall, the legislation aims to enhance accountability, compliance, and economic development within the District's contracting processes.