The proposed bill seeks to modify Contract No. DCAM-24-NC-RFP-0023D with Security Assurance Management, Inc. to extend the provision of armed and unarmed security guard personnel services at various facilities throughout the District. This modification will extend the contract term from October 1, 2025, to September 30, 2026, with a not-to-exceed amount of $50,000,000. Key changes include a decrease in the penal value of payment and performance bonds from 35% to 25%, the designation of a compliance officer, and the incorporation of new rates in the price schedule for various option years. The contractor is also required to comply with the U.S. Department of Labor Wage Determination Schedule and the District of Columbia Living Wage Act of 2006.

Additionally, the bill outlines updates to wage determinations for various occupations, ensuring that wage rates reflect current market conditions and labor needs. Effective January 1, 2025, the living wage will be set at $17.50 per hour, increasing to $17.95 per hour on July 1, 2025, for recipients of contracts or government assistance exceeding $100,000. The bill includes exemptions for certain contracts and services, while the Department of Employment Services (DOES) will monitor compliance. Overall, the bill aims to ensure fair compensation and compliance with labor laws for workers under federal contracts.