The proposed Modification No. 14 to Contract No. CFOPD-21-C-001 with Fast Enterprises, LLC seeks to exercise the fourth option year for maintenance and support services related to the Modernized Integrated Tax System (MITS), with a contract amount of $9,333,579.65 for the period from July 1, 2025, to June 30, 2026. This modification allows Fast Enterprises to continue providing essential services and implement necessary system upgrades for the Office of the Chief Information Officer. The contract has been reviewed for compliance with legal and financial requirements, confirming that Fast Enterprises is current with its District taxes and that funding is available within the Office of the Chief Financial Officer's budget.

Additionally, the bill includes significant modifications to the contract's pricing structure, specifically deleting the previous pricing outlined in Section B.5.2 and replacing it with new terms that incorporate a Consumer Price Index (CPI) adjustment as per Section B.5.3. The total cumulative contract value will increase from $38,675,469.15 to a new maximum of $48,009,048.80, while all other terms and conditions of the contract remain unchanged. This ensures continuity in service delivery while adjusting financial terms to reflect current economic conditions.