ESCO Compensation and Fees. Customer shall pay ESCO the Contract Sum in accordance with Schedule O ( Payment Schedule and Schedule of Values). Payments shall be made on a progress payment basis for work completed and accepted by the Customer. A retention of 10% will be withheld from each payment until the Work is complete and Customer executes the Certificate of Acceptance as set forth in Exhibit III (ii) (Certificate of Acceptance—Installed Equipment).
ESCO Compensation and Fees. ESCO has structured the Energy Unit Savings Guarantee referred to in Section 4.1 above, so as to be sufficient to include any and all annual payments required to be made by the OWNER in connection with financing/purchasing the Equipment to be installed by ESCO under this Contract as set forth in Exhibit A, assuming energy rates in effect as of the time of execution of this Agreement as ESCO is not guaranteeing against fluctuations in energy rates. Actual energy and operations savings achieved by ESCO through the operation of Equipment and performance of services by ESCO shall be sufficient, along with the required capital contribution by Xxxxxxxx County, to cover any and all annual fees to be paid by OWNER to ESCO for the provision of services as set forth at the outset of this Agreement, assuming energy rates in effect as of the time of execution of this Agreement as ESCO is not guaranteeing against fluctuations in energy rates. Notwithstanding anything else in this section 4.3, ESCO’s maximum liability for a breach of this section 4.3 shall be the Guarantee Payment set forth in Exhibit B.
ESCO Compensation and Fees. The ESCO’s fees and compensation ceilings are set forth in Schedule E (Compensation to ESCO). All pricing shall be transparent, shall incorporate actual (not estimated) equipment and labor costs, and shall be provided to the Customer and the KCC. Compensation shall be reasonable for the scope of work and services performed. In the event actual pricing cannot be obtained, the ESCO will provide an estimate based on engineering experience, RS Means, or similar methods. Subsequent to the start of the construction phase, if the actual cost is lower than the estimate used in the EPC, the ESCO will compensate the Customer the difference in terms of services or scope of work.
ESCO Compensation and Fees. ESCO has structured the Energy Savings Performance Contract referred to in Section 4.1, above, so as to be sufficient to include any and all annual payments required to be made by the Customer in connection with financing/purchasing the Equipment to be installed by ESCO under this Contract as set forth in Schedule O (Annual Instalment Payment Schedule). Actual energy and operations savings achieved by ESCO through the performance of services by ESCO shall be sufficient to cover any and all annual fees to be paid by Customer to ESCO for the provision of services as set forth and in accordance with the provisions of Schedule D (Compensation to ESCO) and Schedule J (XXXX'x Maintenance Responsibilities).
ESCO Compensation and Fees. Overview: The ESCO's savings guarantee will, at a minimum, cover annual project financing costs (principal and interest) as well as all annual ESCO service fees including M&V and maintenance for the term of the guarantee period. Tips: The guarantee period needs to conform to state laws. ESCO has structured the Energy and Cost Savings Guarantee referred to in 3.1 above, to be sufficient to include any and all annual payments required to be made by the Owner in connection with financing/purchasing the Equipment to be installed by ESCO under this Contract as set forth in Schedule I (Financing Agreement and Payment Schedule). Actual energy, demand, water and operations savings achieved by ESCO through the operation of Equipment and performance of services by ESCO shall be sufficient to cover any and all annual fees to be paid by Owner to ESCO for the provision of services as set forth and in accordance with the provisions of Schedules J (Compensation to ESCO) and BB (XXXX'x Maintenance Responsibilities). The annual Measurement and Verification scope and related cost may be changed, upon a notice 60 days in advance of the start of the next year.
ESCO Compensation and Fees. ESCO has structured the Energy Savings Guarantee referred to in Section 4.1 above, so as to be sufficient to equal or exceed the sum of any and all annual payments required to be made by Agency in connection with the acquisition of Equipment to be installed by ESCO under this Contract as set forth in Schedule O (Annual Installment Payment Schedule) and any and all annual fees to be paid by Agency to ESCO for the provision of services as set forth and in accordance with the provisions of Schedule D (Compensation to ESCO) and Schedule J (ESCO's Maintenance Responsibilities).
ESCO Compensation and Fees. ESCO’s fees and compensation are set forth in Schedule D.
ESCO Compensation and Fees. Section 3.3: This section ensures that the ESCO's savings guarantee will, at a minimum, cover annual project financing costs (principal and interest). In addition, it states that all annual ESCO service fees for maintenance will also be paid from savings. ESCO has structured the Energy and Cost Savings Guarantee referred to in 3.1 above, to be sufficient to include any and all annual payments required to be made by the Institution in connection with financing/purchasing the Equipment to be installed by ESCO under this Contract as set forth in Schedule I (Financing Agreement and Payment Schedule). Actual energy and operations savings achieved by ESCO through the operation of Equipment and performance of services by ESCO shall be sufficient to cover any and all annual fees to be paid by Institution to ESCO for the provision of services as set forth and in accordance with the provisions of Schedules J (Compensation to ESCO) and BB (ESCO's Maintenance Responsibilities).
