Section 2-222.03 - Applicability(a) Section (3)(a)ofthis act shall apply: (1) For grants and contracts valued at or below $1 million beginning on the first day of the new fiscal year following the effective date of this legislation.(2) For grants and contracts valued at or below $5 million, but greater than $1 million, beginning on the first day of the new fiscal year following the applicability of paragraph (1) of this subsection.(3) For grants and contracts valued at or below $ 10 million, but greater than $5 million, beginning on the first day of the new fiscal year following the applicability of paragraph (2) of this subsection.(4) For grants and contracts valued at or below $25 million, but greater than $10 million beginning on the first day of the new fiscal year following the applicability of paragraph (3) of this subsection.(5) For grants and contract valued above $25 million beginning on the first day of the new fiscal year following the applicability of paragraph (4)of this subsection.Added by D.C. Law 23-185,§ 4, 68 DCR 003401, eff. 3/16/2021.