The proposed bill seeks approval for Contract No. CW123473 with CODICE, LLC, valued at up to $10,000,000 for a one-year period, to provide information technology equipment and software to various District agencies. This contract is structured as an Indefinite Delivery Indefinite Quantity (IDIQ) agreement, allowing agencies to place orders as needed, and includes a one percent discount based on service volume. The selection of CODICE, LLC was based on its compliance with the District's terms, competitive pricing, and positive customer references. The bill emphasizes the contract's role in supporting local businesses and job creation for city residents.

Additionally, the bill updates insurance requirements for contractors, mandating coverage for two years post-acceptance of work and requiring notification of any changes to insurance coverage. It replaces previous dispute resolution clauses with clearer processes for claims and adjustments to contract scope and pricing. The bill also outlines wage determinations under the Service Contract Act, establishing minimum wage rates and benefits for employees working on government contracts, including provisions for premium pay on Sundays and hazardous pay differentials. Overall, the bill aims to enhance contract management, ensure fair compensation, and promote compliance with local regulations.