The bill proposes modifications to Contract No. DCAM-19-NC-RFP-0011 with CUBE-CBRE Partners Joint Venture, aimed at extending the contract for professional program management support services related to the redevelopment of St. Elizabeths East Campus. The modifications include an increase in the contract amount by $2,478,446.28, extending the contract term to February 10, 2026, and incorporating various administrative changes. Notably, the bill includes a release clause where the contractor waives any claims against the Department related to delays or additional costs arising from these modifications. The total value of Option Year 1 is also adjusted from $995,457.98 to $3,708,369.46, reflecting allocations for infrastructure and additional services.

Additionally, the bill amends the Living Wage Act of 2006, establishing a new living wage rate of $16.50 per hour effective January 1, 2023, and increasing it to $17.00 per hour starting July 1, 2023. The bill clarifies the definition of "affiliated employee" and outlines exemptions from the living wage requirement, ensuring compliance with updated labor standards. It mandates that contractors maintain payroll records and inform employees of their rights under the Act. Overall, the bill aims to enhance project management efficiency, ensure compliance with labor standards, and streamline contract modifications while maintaining continuity in the redevelopment efforts.