The proposed Modification No. 1 to Contract No. CFOPD-25-C-031 with Harris & Harris, Ltd. seeks to extend the contract for delinquent debt collection services for the District of Columbia's Office of Finance and Treasury. This modification will exercise the first option year, extending the contract period from August 21, 2026, to August 20, 2027, with a total funding amount not to exceed $3,982,613.93. The cumulative value of the contract will increase from $3,794,822.81 to a new maximum of $7,777,436.74. The contractor has been confirmed to be compliant with District tax obligations and has a satisfactory performance record, ensuring they meet the necessary qualifications to continue providing these services.

Additionally, the bill addresses the integrity of government contracting by updating the Excluded Parties List, which identifies businesses and individuals excluded from participating in government contracts due to legal violations. The bill includes specific entries for various companies, detailing their principal addresses and reasons for exclusion, such as submission of false documents or criminal convictions. This comprehensive list serves as a reference for government agencies to verify contractor eligibility and maintain accountability in public procurement processes. The bill emphasizes the importance of monitoring compliance and may include provisions for managing the Excluded Parties List to ensure it remains current and accurately reflects the status of listed entities.