This bill would require quarterly advance payments to contractors under certain contracts with the Department of Homeless Services and the Mayor's Office of Criminal Justice, and a pilot program for quarterly advances for all other contracts. Beginning January 1, 2026, such contracts would be subject to advance payments of at least 25 percent of the contract value at the beginning of each quarter. By January 1, 2028, the Mayor would need to submit a report to the Council evaluating the effectiveness of quarterly advance payments. By January 1, 2030, the Mayor would need to submit a report to the Council evaluating the effectiveness of quarterly advance payments for contracts subject to the pilot program, and if appropriate, a plan to make permanent the program for contracts under the pilot program.