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 necessary to address costs related to owner directives and unforeseen conditions that emerged after the initial GMP approval. The contract, which was initially approved by the Council on June 22, 2023, involves design-build services for the modernization of the Adams Education School Campus, with a substantial completion date set for July 15, 2025. The bill also includes a Not-to-Exceed (NTE) amount increase from $5,500,000 to $24,005,492, which encompasses a $1,000,000 Owner's Allowance to facilitate additional project funding.

Furthermore, the bill stipulates that the contractor must obtain approval from the Department's Office of the Chief Financial Officer before committing any funds related to the contract. It includes a release clause where the contractor waives any potential claims against the Department for delays or additional costs arising from this modification. The bill emphasizes the importance of maintaining compliance with various regulations and ensuring that all project documents are complete and adhere to applicable laws. Overall, the legislation aims to enhance the educational infrastructure at the Adams Education Campus while ensuring financial accountability and project transparency.