The proposed Modification No. 08 to Contract No. GAGA-2022-C-0048 seeks to extend the security services contract with Security Assurance Management, Inc. for the District of Columbia Public Schools (DCPS) for an additional year, covering the period from October 1, 2025, to September 30, 2026, at a cost of $30,510,448.54. This modification is compliant with the Procurement Practices Reform Act of 2010 and has been certified as within the agency's budget authority. The contractor is confirmed to be current with its District taxes, ensuring compliance with local regulations.
In addition to the extension, the bill includes a financial adjustment of $975,204.72, raising the total contract value from $23,769,883.52 to $24,745,088.24. It also updates the Contracting Officer from LaVeta Hilton to Fatmata Tibbs, with new contact information provided. The bill outlines the financial allocations for option years two and three, with amounts of $28,817,851.09 and $26,316,256.86, respectively, while maintaining the existing terms and conditions of the contract.