The proposed Modification No. 1 to Contract DCAM-24-CS-RFP-0003 with GCS, Inc., dba GCS-SIGAL, aims to establish a Guaranteed Maximum Price (GMP) of $21,112,874 for the Construction Management At-Risk Services for the Southeast Tennis & Learning Center South Campus. This modification will increase the contract's Not-to-Exceed (NTE) amount from $3,990,000 to $15,990,000, with the stipulation that the contractor cannot obligate or expend more than this amount without further written authorization from a Contracting Officer and Council approval. The substantial completion date for the project is set for April 9, 2026. The bill also outlines the approval process for capital reprogramming requests related to the modernization projects, requiring Council approval for any GMP funding requests of $1 million or more.

Additionally, the bill establishes a shared savings model for the project, where any cost savings from the Construction Contingency will be divided between the Department and the Construction Manager at Risk (CMAR) on a 70/30 basis. It emphasizes the CMAR's responsibilities, including design services, procurement, and construction management, while adhering to stringent contract requirements. The agreement allows for a "fast-track" construction method, enabling work to commence before final construction documents are completed. The bill ensures that all prior terms remain in effect unless modified and allows for execution in multiple counterparts, ensuring legal binding for all parties involved.