The proposed Modification No. 4 to Contract No. DCAM-22-CS-RFP-0012 with BSC-CWC Truesdell JV, LLC seeks to increase the Guaranteed Maximum Price (GMP) by $2,398,851, raising the total contract amount from $83,983,169 to $86,382,020. This increase is necessary to cover additional design-build services required for the renovation and modernization of Truesdell Elementary School, addressing unforeseen conditions that have arisen during the project. The original GMP was approved by the Council on June 3, 2024, and this modification requires Council approval due to the increase exceeding $1 million. The contract includes full design and construction services for approximately 105,000 square feet of school facilities, with a substantial completion date set for July 15, 2025.

The Department of General Services has confirmed that adequate funds are available within the District of Columbia Public Schools' cumulative capital budget authority and the Department's operating budget to cover the increased GMP. The proposed modification has been deemed legally sufficient and financially sound, with the Office of the Chief Financial Officer certifying that the contract remains within the appropriated budget authority. Overall, this bill aims to ensure that the necessary financial resources are allocated to effectively complete the modernization and renovation of Truesdell Elementary School.