Common use of Economic Analysis Clause in Contracts

Economic Analysis. Economic analysis shall account for interactions among ECPs. For example, if an HVAC system is to be upgraded, the cooling load should be calculated using the new lighting load if new lighting fixtures and ballasts are recommended for lighting retrofit. For renewable resource energy conservation opportunity, use the cost of the fuel displaced as the annual cost savings, less any differentials in maintenance. The estimated total cost of the energy conservation project shall include the cost of design and other professional services, equipment, labor and material to install equipment, training of operating personnel, and if asbestos or hazardous material is present and identified during the Survey, notify the Contracting Officer.