Plain English Breakdown
The official source does not provide details on why council approval is necessary beyond the financial threshold, but it mentions that without approval, KBEC Group cannot be paid for services exceeding $1 million.
Emergency Resolution for Contract Modifications with KBEC Group
This resolution allows the District of Columbia to approve modifications to an existing contract with KBEC Group, Inc., and authorizes payment for services provided under this contract.
What This Bill Does
- Approves five modifications (M0009, M0010, M0011, M0012, and M0013) to an existing contract with KBEC Group, Inc.
- Increases the total amount of money that can be spent under the contract from $350,180.52 to $1,403,657.97 over a period starting October 1, 2024, through September 30, 2025.
- Allows for the payment of KBEC Group, Inc., for goods and services provided under these modifications.
Who It Names or Affects
- The District of Columbia government
- KBEC Group, Inc.
Terms To Know
- Not-to-exceed (NTE) amount
- A limit set on the total cost that can be spent under a contract.
- Option year
- An additional period of time during which services or goods may continue to be provided under an existing contract.
Limits and Unknowns
- The resolution does not specify how the increased costs will be funded.
- It is unclear what specific services KBEC Group, Inc., provides under this contract.