The bill seeks to approve Contract No. DCAM-25-CS-RFP-0006 with Corenic Construction Group, LLC, for a total not-to-exceed amount of $6,808,979.50, which includes an initial letter contract amount of $950,000. This contract is designated for the first phase of the modernization of the Advanced Technical Center at the Penn Center, where the contractor will provide design and preconstruction deliverables while finalizing the full project scope and guaranteed maximum price. The contract is structured as a cost-plus-fixed-fee agreement and is expected to be completed by October 16, 2026. The selection process involved a competitive Request for Proposals (RFP) with eleven firms, and Corenic Construction Group was selected based on technical quality, pricing, and status as a Certified Business Enterprise (CBE).

Additionally, the bill outlines various terms and conditions for the execution of the contract, including compliance with the Davis Bacon Act and Living Wage Act, responsibilities of the contractor, and penalties for delays. It emphasizes the importance of economic inclusion, requiring that at least 35% of the contract's dollar volume be subcontracted to small business enterprises or certified business enterprises. The bill also mandates adherence to safety protocols, quality control measures, and the use of Building Information Modeling (BIM) throughout the project lifecycle. Furthermore, it establishes a framework for ongoing project oversight, including regular reporting and evaluations of subcontractor performance, ensuring transparency and accountability in the management of public funds.