The proposed Modification No. M018 to Contract No. DCRL-2022-H-0005 with PSI Services III (PSI) seeks to exercise option year three for the provision of intensive family-based foster care services in the District of Columbia. This modification allows PSI to continue supporting children and youth in the foster care system who are at risk of placement instability, with a not-to-exceed amount of $2,808,154.99 for the period from July 6, 2025, through July 5, 2026. The contract modification is consistent with the financial plan and budget adopted by the District, and the Child and Family Services Agency has certified that sufficient funds are available for the fiscal year 2025.

The modification reflects the exercise of an option year as outlined in the contract's terms, specifically under Section F, Paragraph F.1, and Paragraph F.2, which detail the contract's duration and the option to extend. The total contract value, including all option years, amounts to $10,866,745.57. The continuation of the contract beyond September 30, 2025, is contingent upon the availability of funding in the District's Local Budget and Financial Plan for fiscal year 2026.