The bill proposes Modification No. 2 to Contract No. DCAM-25-CS-RFP-0006 with Corenic Construction Group, LLC, which seeks to increase the contract's not-to-exceed amount by $10,152,838.98, raising the total from $10,839,242.33 to $20,992,081.31. This modification will enable the contractor to continue providing design-build services for the modernization of the Advanced Technical Center at the Penn Center, with a new substantial completion date set for November 14, 2026. The project aims to create approximately 20,000 square feet of space for healthcare education services and medical clinics, and the contractor is required to release the Department from any claims related to delays or additional costs arising from this modification.
Additionally, the bill establishes a final Guaranteed Maximum Price (GMP) of $20,992,081.31, which includes various components such as the Cost of Work, Design Fee, and Design-Build Fee. The contractor is responsible for any costs exceeding the GMP and must ensure compliance with the most stringent requirements of the Contract Project Documents. The bill emphasizes the collaborative nature of the project, with the Design-Builder actively participating in the design process and managing construction on a "fast-track" basis. Overall, the proposed changes aim to enhance accountability, transparency, and efficiency in the execution of the project while ensuring compliance with established standards.