The bill proposes a significant modification to Contract No. DCAM-23-CS-RFP-0008 with MCN Build, Inc., increasing the contract's not-to-exceed amount by $43,086,312, raising the total from $47,633,071 to $90,719,383. This increase is intended to fund the remaining design-build services necessary for the complete modernization of Tubman Elementary School, which includes the addition of a new child development center, with a substantial completion date set for July 15, 2026. The modification follows previous approvals by the Council and includes provisions for liquidated damages for delays and a disincentive fee for unauthorized personnel changes. The contractor is required to submit a detailed subcontracting plan that meets the minimum requirements of the Small, Local, and Disadvantaged Business Enterprise Development and Assistance Act.
Additionally, the bill outlines the responsibilities of the Design-Builder, including the management of costs and adherence to a Guaranteed Maximum Price (GMP) structure. It emphasizes the importance of compliance with various regulations, including the requirement for insurance and bonding, and mandates that at least 35% of the contract value be allocated to qualified small business enterprises. The bill also introduces new requirements for subcontracting plans, ensuring transparency and promoting the participation of lower-tier certified business enterprises. Overall, the bill aims to facilitate the efficient execution of the Tubman Elementary School modernization project while ensuring compliance with financial and regulatory standards.