The bill seeks to approve Contract No. AGR-26-30000389 with Digital Conventions, DC Inc. for the modernization and upgrade of the Lenel OnGuard Access Control System at the Walter E. Washington Convention Center, with a total cost of $3,550,842.00 and a performance period of three years. The funding will come from Events DC's approved capital budget, and the contract aims to enhance system reliability, ensure cybersecurity compliance, and improve long-term maintainability by replacing outdated hardware and upgrading software. The contract also includes provisions for local business support, requiring 35% participation from small and disadvantaged enterprises and ensuring that at least 51% of new hires are District residents.

Additionally, the bill introduces a new payment option for contractors, allowing a 2% discount on the total amount due if invoices are paid within 10 business days, while also establishing a standard payment schedule of net 30 days for those who do not opt for the discount. It emphasizes the necessity of proper authorization for any contract changes, stating that only the Chief Contracting Officer or their designee can approve modifications, and outlines the requirements for a proper invoice. The bill designates a Contracting Officer's Technical Representative to oversee contract compliance and administration, ensuring that all work aligns with the contract's specifications.