The bill proposes Modification No. 4 to Contract No. DCAM-22-CS-RFQ-0001C with Chiaramonte Construction Company, which allows for the exercise of option year four of the contract for construction services. This modification is set for a not-to-exceed amount of $20,000,000, with a performance period from May 2, 2026, through May 1, 2027. The contractor will continue to provide construction services for various public facilities, including schools, parks, and municipal buildings, as part of the Department of General Services' ongoing projects. The modification also includes a guaranteed minimum value of $50 and confirms that the contractor is current with its District taxes.

Additionally, the bill modifies the Basic Ordering Agreement (BOA) by extending the term through May 1, 2027, contingent upon the availability of appropriated FY27 budget funding. It establishes a minimum guaranteed payment of $50.00 to the contractor and includes a release clause where the contractor waives any claims against the Department related to delays or additional costs arising from this modification. All other terms and conditions of the agreement remain unchanged, and the bill is signed by the relevant parties on April 8, 2026.