Measurement & Verification Services. BREP will perform the M & V Services described in Exhibit “K” to the CEA. The M & V Services will rely upon data indicated on the Public Services Invoices and measurements recorded by the Meters. BREP’s records derived from the M & V Services will be relied upon by BREP and Lessor for the purpose of determining the amount of any Off-taker Purchased Utility Reimbursement (as defined in Exhibit “D” to the Shaw Center Thermal Services Agreement) owed by BREP to Lessor pursuant to the Shaw Center Thermal Services Agreement.
Measurement & Verification Services. Contractor will provide the M&V Services set forth below in connection with the Assured Performance Guarantee.
1. During the Installation Period, a Contractor Performance Assurance Specialist will track Measured Project Benefits. Contractor will report the Measured Project Benefits achieved during the Installation Period, as well as any Non-Measured Project Benefits applicable to the Installation Period, to Customer within 60 days of the commencement of the Guarantee Term.
2. Within 60 days of each anniversary of the commencement of the Guarantee Term, Contractor will provide Customer with an annual report containing:
A. an executive overview of the project’s performance and Project Benefits achieved to date;
B. a summary analysis of the Measured Project Benefits accounting; and
C. depending on the M&V Option, a detailed analysis of the Measured Project Benefits calculations.
3. During the Guarantee Term, a Contractor Performance Assurance Specialist will monitor the on-going performance of the Improvement Measures, as specified in this Agreement, to determine whether anticipated Measured Project Benefits are being achieved. In this regard, the Performance Assurance Specialist will periodically assist Customer, on-site or remotely, with respect to the following activities:
A. review of information furnished by Customer from the facility management system to confirm that control strategies are in place and functioDRnAFT ing;
B. advise Customer’s designated personnel of any performance deficiencies based on such information;
C. coordinate with Customer’s designated personnel to address any performance deficiencies that affect the realization of Measured Project Benefits; and
D. inform Customer of opportunities to further enhance project performance and of opportunities for the implementation of additional Improvement Measures.
4. For specified Improvement Measures utilizing an “Option A” M&V protocol, Contractor will:
A. conduct pre and post installation measurements required under this Agreement;
B. confirm the building management system employs the control strategies and set points specified in this Agreement; and
C. analyze actual as-built information and adjust the Baseline and/or Measured Project Benefits to conform to actual installation conditions (e.g., final lighting and water benefits calculations will be determined from the as-built information to reflect the actual mix of retrofits encountered during installation). DRAFT Per Section 2 of the prim...
