Investment Grade Audit. A survey of existing energy systems of a Facility for the purpose of proposing Energy Conservation Measures (ECMs) and verifying that the proposed ECMs are guaranteed to generate energy consumption and cost savings and meet the financial requirements within seventeen years The results of an Investment Grade Audit are presented in a written report that includes a methodology for the calculation of the Baseline Energy Use and a description of physical conditions, equipment counts, nameplate data and control strategies. For each ECM recommended, the Investment Grade Audit generally provides equipment counts, implementation costs, efficiency levels or performance characteristics of the equipment comprising the proposed ECMs, on-going maintenance costs, annual energy and cost savings, the useful life of the ECM and a life-cycle cost analysis. Projected energy savings must account for interaction among recommended Energy Conservation Measures. See Section 3 and the State RFP #2021-254 “Energy Performance Contracting Services for six (6) state-owned facilities in Concord, NH.” The results of the Investment Grade Audit are presented in a written report.
Investment Grade Audit. Detailed Analysis The table below includes the position descriptions and hourly rates for labor and services self-performed by the Contractor. Markups shall not be applied to fees. Position Description Hourly Rate Position $xx.xx Position $xx.xx Position $xx.xx Position $xx.xx For duties required by Exhibit A of this Work Order Contract, but performed by a subcontracted firm, as well as any materials or equipment purchased by the Contractor to perform the Investment Grade Audit - Detailed Analysis, the Contractor agrees to the following maximum percentage markups: Project Markup Maximum Percent Markup Overhead Percent X% Profit Percent X%
Investment Grade Audit. Within 150 days of the date of execution of this XXX by the Customer, the Company shall complete an Investment Grade Audit. Such audit shall verify the size, location and type of the Customer’s existing street lights, energy invoices, maintenance invoices, and other detailed aspects of the Customer’s street light system. REV 2016-12-06 REALTERM ENERGY CORP. 0000, xxx xx xx Xxxxxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxx X0X 0X0 Tel. : (000) 000-0000 Fax : (000) 000-0000 xxx.xxxxxxxxxxxxxx.xxx If the results of the Investment Grade Audit confirm annual energy savings of 67% (+/- 10%), the Company shall notify the Customer that the Project is viable (the “Proceed Notice”) and the parties shall proceed with the negotiation of the Agreement as provided below. If the Customer does not proceed with such good faith negotiations with the Company, the Customer shall reimburse the Company for such reasonable costs and expenses incurred in performing the Investment Grade Audit and negotiating this XXX, to a maximum of $10,961.00 within 30-days of receiving an invoice from the Company for such costs and expenses. If, based upon valid information provided by the Customer to the Company, the results of the Investment Grade Audit (i) do not meet the Savings and/or (ii) demonstrate that the anticipated design of the Company cannot be utilized; the Customer and the Company shall enter into good faith negotiations to amend the Contract Price. If the parties have not been able to settle on an amended Contract Price and execute the Agreement prior to termination of this XXX pursuant to (ii) of the Termination section below, the Customer shall within 15-days of such termination reimburse the Company for 50% of the Company’s reasonable costs and expenses in performing the Investment Grade Audit and negotiating this XXX to a maximum of $5,480.50 and, in return, the Company shall furnish all work materials related to the Investment Grade Audit to the Customer including a GIS audit of the Customer’s street lighting system. If, in the Company’s opinion, acting reasonably, the Customer did not provide the Company with valid information, the Customer shall reimburse the Company for 100% of the Company’s reasonable costs and expenses in performing the Investment Grade Audit and negotiating this XXX to a maximum of $10,961.00 within 15-days of receiving an invoice from the Company for such costs and expenses. CCDC 14: Upon issuance of the Proceed Notice or upon determination of an amended Contra...
Investment Grade Audit. ESCO has prepared the complete Technical Energy Audit and Analysis of the Premises set forth in Appendix D: Investment Grade Audit and dated , 2018 (“Investment Grade Audit”), which has been approved and accepted by School District as set forth in Exhibit II (i) (Certificate of Acceptance—Investment Grade Audit). The audit includes all of the Selected ECMs.
Investment Grade Audit. If awarded a DASNY IGA, the Contractor must enter into the DASNY IGA in substantially the form attached as Exhibit E (Standard Form Investment Grade Audit Agreement) to this Base Contract and comply with all requirements of such executed DASNY IGA. The Contractor acknowledges that DASNY may update the DASNY IGA as determined to be in the best interest of the EPCP; however, any updates may, where appropriate, entitle the Contractor to revise its pricing set out in Exhibit B (Price Proposal) to this Base Contract. As part of the investment grade audit process, the Contractor must address issues, recommendations and requests from DASNY in support of DASNY's independent technical review and facilitation process for each applicable project and must ensure appropriate personnel attend project development meetings depending upon the subject matter to be discussed. Energy Performance Contract Once the Contractor submits a compliant final DASNY IGA and EPC proposal (a “Contractor Project Proposal”) that is accepted by DASNY and the relevant Program Participant, the Contractor must enter into a DASNY EPC in substantially the form attached as Exhibit F (Standard Form Energy Performance Contract) to this Base Contract and comply with all requirements of such executed DASNY EPC. The Contractor acknowledges that DASNY may update the DASNY EPC as determined to be in the best interest of the EPCP; however, any updates may entitle, upon DASNY’s consent, the Contractor to revise its pricing set out in Exhibit B (Price Proposal) to this Base Contract. In connection with any DASNY EPC, the Contractor must also address all issues, recommendations and requests from DASNY in support of DASNY's work as owner's representative to a Program Participant and its independent technical review in respect of each applicable project and must ensure appropriate personnel attend project development meetings depending upon the subject matter to be discussed. The Contractor must comply with all requirements of the DASNY EPC, including, but not limited to, design services, equipment procurement and purchasing, construction and construction management services, hazardous material abatement or disposal, commissioning services on installed measures and M&V services.
Investment Grade Audit. (IGA) – Minimise will carry out on-site IGAs to identify energy waste, energy infrastructure inefficiencies, Facility Improvement Measures (FIMs), and other cost savings. IGAs mostly follow ASHRAE Level II Standards, Methods, and Protocols. IGAs will be conducted by accredited, certified personnel according to national and international standards. Minimise will also engage with the Client’s staff and stakeholders to understand energy trends, energy infrastructure, and best practices. Once Minimise has completed the ANALYZE Phase, we will present an M&V Plan and Proposal to the Client – outlining the existing energy baseline, infrastructure improvements needed, projected savings according to International Performance Measurement and Verification Protocols (IPMVP), and a detailed project plan. The ANALYZE Phase is essentially the Pre-Development of the project whereby a thorough needs assessment will be done to provide the Client with a detailed action plan to implement FIMs. All three (3) steps mentioned above in the ANALYZE Phase come at NO COST. Project Implementation Once the Client has accepted the M&V Plan and Proposal which outlines the energy baseline(s), Scope of Work, and Predicted Savings, Minimise will start an Engineering and Design Phase. Facility Improvement Measures (FIMs) shall be designed, engineered, documented, and proposed to the Client. Our professional engineers will complete the project design, create bid specifications (as needed), provide construction management, and track the project lifecycle. Minimise has no allegiances to any product, brand, or service vendors. We are completely technology agnostic and engineer the project to meet the Client’s satisfaction and to maximize savings. Our equipment selection is based on various factors, but consists of, but is not limited to: ► Quality, Performance, and Reliability, ► Cost, ► Integration with overall energy conservation project, and ► Client Preference. Not only will Minimise fund all capital for FIMs, but we will also manage, oversee, and implement FIMs as agreed to with the Client. In essence, all costs related to Infrastructure Modernization, Upgrades, Project Management, Engineering, Design, and Procurement are covered by Minimise. The Client must spend not one sent of its capital expenditure for project implementation. The NCOPA will consist of a range of Energy Solutions offered to the Client which includes, but is not limited to, LED Lighting, HVAC modernization, upgrades, an...
Investment Grade Audit. Also referred to as the “Audit Report” or the “Study Report”. A survey of existing energy systems of a Facility for the purpose of proposing ECMs and verifying that the proposed ECMs have the potential to generate energy savings and meet the financial requirements within the specified term. The results of an Investment Grade Audit are presented in a written report that includes a methodology for the calculation of the Baseline Energy Use and a description of physical conditions, equipment counts, nameplate data and control strategies. For each ECM recommended, the Investment Grade Audit generally provides equipment counts, implementation costs, efficiency levels or performance characteristics of the equipment comprising the proposed ECM, on-going maintenance costs, annual energy and cost savings, the useful life of the ECM and a life-cycle cost analysis. Projected energy savings must account for interaction among recommended ECMs. See Section 4 and the State RFP #2021-254 “Performance Contract for six (6) stated-owned facilities in Concord, NH”. Measurement and Verification (M&V). The process of monitoring and measuring the energy consumption of a facility or specific equipment or systems, before and after Project implementation, to determine if guaranteed or predicted energy savings are being realized. Operations and Maintenance (O&M). The process of operating and maintaining newly installed energy saving equipment as further described in Exhibit 4.
Investment Grade Audit. Contractor has performed an investment grade audit (the “Study”) of the Facility at its sole expense. The Study has identified all feasible energy conservation, load management, building envelope, water conservation and renewable resource options for which the total savings benefits are expected to exceed Total Project Cost over a period not to exceed twenty (20) years.
Investment Grade Audit. The Provider and Participant will execute the Work Order Contract Attachment 2: (SAMPLE LEEP Work Order Contract). This Work Order Contract sets specific expectations and provides a detailed process for both the Contractor and the State Institution. The Work Order Contract also defines the deliverables to the State Institution and establishes the basis for engineering design, construction bidding, and implementation to follow, which will be executed by the State Institution outside the LEEP process. It incorporates current state statutes that directly relate energy improvement for local units of government; current state statute on Energy Improvement Financing Programs for Local Government projects can be found at xxxxx://xxx.xxxxxxx.xx.xxx/statutes/?id=216C.42 and xxxxx://xxx.xxxxxxx.xx.xxx/statutes/?id=216C.43. The Investment Grade Audit will identify and evaluate Energy Conservation Measures and define an estimated project scope, cost, savings and cash-flow over a proposed financing term. When applicable, the State may require the use of the ESP in calculating Energy Conservation Measures for the Investment Grade Audit. The Contractor understands that only the receipt of a fully executed Work Order Contract authorizes the Contractor to begin work under this Master Contract. Any and all effort, expenses, or actions taken before the Work Order Contract is fully executed is not authorized under Minnesota Statutes and is under taken at the sole responsibility and expense of the Contractor. A sample Work Order Contract and Sample Amended Work Order Contract are attached and incorporated into this Master Contract as Exhibits A and B. The Contractor understands that this Master Contract is not a guarantee that the State or a State Institution will enter into a Work Order Contract with the Contractor. The State has determined that it may generally have a need for the services described in and under this Master Contract, but does not commit to selecting the Contractor for a project or spending any money with the Contractor.
Investment Grade Audit. Detailed Analysis The total cost to perform the work outlined in Exhibit B Sample Amended Work Order Contract – Investment Grade Audit Detailed Analysis will be determined by the scope of work as agreed upon between the State Institution and Contractor, but the rates by position may not exceed those as defined below. Table 2 Position Description Hourly Rate For duties required by the Work Order Contract or Amended Work Order Contract but performed by a subcontracted firm, as well as any materials or equipment purchased by the Contractor to perform the Investment Grade Audit - Detailed Analysis, Contractor agrees to the following maximum percentage markups: Table 3 Project Markup Maximum Percent Markup Overhead Percent on Subcontracted Work X% Profit Percent on Materials or Equipment Purchased X%
