The proposed bill seeks to modify Contract No. DCAM-22-CS-RFP-0015 with Consigli/Keystone Adams EC Joint Venture, increasing the Guaranteed Maximum Price (GMP) by $1,808,145.72, raising the total contract amount from $70,954,868 to $72,763,013.72. This modification is essential for the ongoing design-build services for the Adams Education School Campus modernization project, which aims to enhance the facility's capacity to serve approximately 486 students, with a substantial completion date set for July 15, 2025. The increase in contract value necessitates Council approval due to its magnitude, and the Department of General Services has confirmed that the modification aligns with the agency's budget authority and is legally sufficient.
Additionally, the bill introduces new legal language that modifies the existing contract, including an increase in the Not-to-Exceed (NTE) amount from $5,500,000 to $24,005,492, which encompasses a $1,000,000 Owner's Allowance. This increase is intended to release additional project funding necessary for various construction services during the project's initial phase. The bill also stipulates that the Design-Builder must seek approval from the Department's Office of the Chief Financial Officer to determine if the work qualifies as a capital expense before committing any funds. Overall, the legislation aims to ensure the successful completion of the modernization project while maintaining compliance with budgetary and legal requirements.