The proposed bill seeks to approve Modification No. 14 to Contract No. CFOPD-21-C-001 with Fast Enterprises, LLC, allowing for the exercise of option year four at a total amount not to exceed $9,333,579.65. This modification will enable Fast Enterprises to continue providing maintenance and support services, as well as implement a system upgrade for the Modernized Integrated Tax System (MITS) utilizing GenTax software, with the contract period set from July 1, 2025, to June 30, 2026. The bill also includes a certification confirming that Fast Enterprises is current with its District taxes and that funding for the contract is available within the Office of the Chief Financial Officer's annual operating and capital budgets.

Additionally, the bill addresses the eligibility of companies and individuals with criminal convictions to participate in government contracts, establishing a list of excluded parties due to criminal activities. It emphasizes the importance of maintaining a rigorous vetting process for contractors to ensure compliance with legal and ethical standards. The bill includes a deletion of Section B.5.2 regarding Option Year 4 Pricing, replacing it with new pricing that incorporates the Option Year CPI Adjustment as outlined in Section B.5.3. The total cumulative contract value will increase from $38,675,469.15 to $48,009,048.80, while all other terms and conditions of the contract remain unchanged.