Operational Savings. The operational cost savings for this project are negotiated and agreed upon by ESG and accepted by the CUSTOMER. There is no need to verify the agreed upon operational savings.
Operational Savings. Operational savings exist when an improvement implemented under this program reduces future repair or replacement labor and / or material monies that would have otherwise been expended if the improvement was not implemented. The operational savings described and quantified in this Guarantee shall be added to the energy savings to arrive at the total guaranteed savings amount. The stipulated operational savings calculations for this Guarantee are included on Schedule B, “Operational Savings”, of this Guarantee. All operational savings are considered Stipulated Savings such that the annual operational savings amounts identified in Schedule B shall be applied annually to the guaranteed annual operational savings amount throughout the term of the Guarantee.
Operational Savings. The parties are committed to achieving the following operational savings, in accordance with Sub Clause 25.1.1. The parties employed under this Agreement will identify an operational efficiency associated with activities of the City Services unit within the Urban Services department. The identified operational efficiency will provide to the Council an initial efficiency benefit of no less than $20,000.00, which is to be realised by 30 June 2012.
Operational Savings. Operational savings have been reviewed and accepted by the Owner and are described in Section 9.0 of this exhibit. Operational savings will begin to accrue on the date of completion and acceptance of each ECM.
Operational Savings. The following cost savings impacts have been estimated and agreed upon between Owner and ESG to result from the implementation of the Exhibit A, Scope of Work. These savings are difficult to audit and are considered satisfied upon Final Acceptance of the improvements. Lighting Maintenance Savings $ 4,801 / year* Maintenance Savings $ 3,349 / year* * Note: approximate average per year over 15 years. Capital Avoidance Savings: A significant portion of the total project cost is related to facility improvements that Owner needs to complete in the near term to address equipment well past its useful life, significant comfort concerns and other capital related needs. These savings have not been quantified nor included in the overall savings attributable to the project.
