The bill proposes amendments to existing legislation concerning contractor eligibility for city contracts, introducing a requirement for contractors to check their status in the Citywide Clean Hands Database to ensure compliance with District tax obligations. This measure aims to enhance accountability among contractors before they are awarded contracts. Additionally, the bill includes a funding certification clause to confirm that the proposed contract for OST, Inc., as the Managed Service Provider for the Office of the Chief Financial Officer, aligns with the appropriated budget authority, amounting to $40,000,000 for the period from October 1, 2025, to September 30, 2026.

Furthermore, the bill updates the Excluded Parties List by adding companies and individuals excluded due to criminal convictions or submission of false documents, while also maintaining a record of past exclusions for transparency. It streamlines the certification process for Local Business Enterprises (LBE), Disadvantaged Business Enterprises (DBE), and Small Business Enterprises (SBE), emphasizing the importance of accurate records and regular reviews to support local businesses. The legislation aims to create a more equitable environment for small and disadvantaged businesses in government contracting by removing outdated provisions and enhancing the overall efficiency of the certification process.