The proposed Modification No. M0006 to Contract No. CW109927 with Vision Service Plan Insurance Company (VSP) seeks to exercise option year two of the contract, which will extend the period of performance from December 31, 2025, through December 30, 2026. The modification includes a not-to-exceed amount of $4,023,554 for the continuation of fully insured vision care benefits for District employees and their dependents. This contract modification is in accordance with the Procurement Practices Reform Act of 2010 and has been certified as being within the appropriated budget authority for the agency.

The contract summary indicates that the Citywide Clean Hands database confirms that VSP is current with its District taxes. The funding for the optical plan contract is estimated at $4,023,554, with $3,017,666 available to cover the period from January 1, 2026, to September 30, 2026. For the remaining period of the contract, the District will seek additional budget authority through the FY 2027 appropriation. The premiums for the optical coverage have been set at specific rates for different coverage options, and the costs will be included in each agency's budget.