The proposed bill seeks approval from the Council of the District of Columbia for a contract with Tecknomic, LLC, valued at a maximum of $10,000,000 over one year, to provide mission-oriented business integrated services to various District agencies. This contract is structured as an indefinite delivery/indefinite quantity (IDIQ) agreement, allowing agencies to place orders as needed. It is part of the District of Columbia Supply Schedule (DCSS) program, which aims to facilitate procurement while supporting District-certified business enterprises. The contract includes provisions for compliance with tax laws, pricing established under a federal contract, and mandates for electronic invoice submission and compliance with the Living Wage Act of 2006.

Significant changes in the bill include the deletion of the previous insurance section and the introduction of a new comprehensive insurance clause that specifies required types of insurance for contractors, such as general liability and workers' compensation. The bill also revises the dispute resolution process, detailing the responsibilities of the Contracting Officer (CO) in managing claims against contractors. Additionally, it updates wage determinations for various occupations, ensuring fair compensation in line with current economic conditions, and establishes a living wage requirement of $17.50 per hour starting January 1, 2025, increasing to $17.95 per hour on July 1, 2025, with specific exemptions outlined for certain contracts and employee classifications.