The proposed Modification No. 1 to Contract No. DCAM-24-CS-RFP-0004 with MCN Build, Inc. seeks to increase the contract's not-to-exceed amount by $21,578,269, raising it from $2,497,998 to a total of $24,076,267. This modification is intended to fund an additional initial phase of the modernization project for Martin Luther King, Jr. Elementary School, which includes essential design-build services such as demolition, concrete work, structural steel, plumbing, HVAC, and electrical services. The Department of General Services has confirmed that the proposed modification aligns with the agency's budget, and adequate funds are available for the expenditure. The contractor, MCN Build, Inc., is a certified business enterprise with a strong track record, ensuring they are well-equipped to handle the project's requirements.

The modification also includes a release clause where MCN Build, Inc. agrees to waive any claims against the Department related to delays or additional costs arising from this modification. All other terms and conditions of the contract remain unchanged, and the modification is legally sufficient, pending necessary approvals and fiscal certification from the Department of General Services Agency Fiscal Officer. The bill emphasizes the importance of adhering to the established budget and timeline while ensuring that all necessary services are provided to successfully complete the modernization project at Martin Luther King Jr. Elementary School.