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 modification is necessary to address unforeseen conditions that have arisen during the renovation and modernization of Truesdell Elementary School. The contract, which includes comprehensive design and construction services, is set to run until July 15, 2025, and the contractor is required to meet specific performance standards, including penalties for delays.

The bill requires Council approval due to the increase in contract value exceeding $1 million. 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 contract amount. All other terms and conditions of the contract remain unchanged, ensuring that the project can continue without delays.