Guaranteed Energy Savings Performance Contract
The objective of the issuer in issuing this RFP is to upgrade facilities through a
Guaranteed Energy Savings Contract, sometimes also referred to as Performance Contracting. The issuer is interested in contracting for a full range of energy services and energy-related capital improvements ("energy conservation measures" or "ECMs"), financed through a guaranteed energy savings contract at no capital cost to the issuer, for the Project Sites listed in Appendix I. The services may include but are not limited to: (1) A preliminary technical scoping audit to be
performed on the facilities identified in Appendix I, (2) An investment grade energy audit to be conducted on all Project Sites, (3) The design, acquisition, installation, modification, and maintenance of equipment,(4) The training of staff in the operation of existing and new equipment, (5) Savings which would not reduce consumption per se but are aimed at cost savings, such as fuel switching, demand reductions, onsite
generation, utility bill auditing, utility rate changes, distribution upgrades etc.). ECMs must result in a guaranteed minimum energy savings with the ESCO payments linked to actual documented energy and cost reductions. Any stipulated energy and/or operational cost savings that may be attributed to
this project will be rigorously reviewed and, if agreed to, will be limited to those that can be
thoroughly documented and approved by the Issuer.
