The bill proposes Modification No. 9 to Contract No. DCAM-21-CS-RFP-0008H with Jacobs Project Management Company, allowing the exercise of option year four for a not-to-exceed amount of $3,000,000. This modification extends the contract's performance period from May 24, 2026, through May 23, 2027, enabling Jacobs to continue providing construction management services for various facilities within the Department of General Services (DGS) real estate portfolio. The contract is structured as an Indefinite Delivery/Indefinite Quantity agreement, with a guaranteed minimum value of $50. The modification has been certified by the Department of General Services' Agency Fiscal Officer, confirming compliance with the appropriated budget authority for the fiscal year.

Additionally, the bill incorporates the US Department of Labor Wage Determination Schedule and the Living Wage Act of 2006 into the contract, ensuring adherence to updated labor standards. It includes a release clause where the contractor waives any claims against the Department related to delays or additional costs arising from this modification. The bill also modifies the Small Business Enterprise (SBE) subcontracting requirements, reducing the required subcontracting percentage from 50% to 35% due to the lifting of the Mayor's Emergency Order in response to the COVID-19 pandemic. Overall, the bill aims to adjust the contract to reflect current circumstances while ensuring compliance with applicable laws and regulations.