The bill proposes the exercise of Option Year Three for Contract No. AGR-23-30000044 with Security Assurance Management, Inc. (SAM) to provide security services at the Walter E. Washington Convention Center and Carnegie Library. The contract period for this option is set from October 1, 2025, to September 30, 2026, with a not-to-exceed amount of $3,135,149.68. This contract has been previously approved for two option years, and the services will continue to include daily security at the convention center and additional support for special events at the library.

The bill includes a certification that SAM is current with its tax obligations and that the proposed contract is within the appropriated budget authority for Events DC for the fiscal year 2026. The contract modification is deemed legally sufficient, and the Board of Directors of the Washington Convention and Sports Authority has recommended approval of the expenditure for Option Year Three, contingent upon the Council of the District of Columbia's approval. All other terms and conditions of the contract remain unchanged.