Project Benefits Summary Sample Clauses

Project Benefits Summary. Subject to the terms and conditions of this Agreement, JCI and Customer agree that Customer will be deemed to achieve a total of $11,593,720 in Non-Measured Project Benefits and $161,000 in non-guaranteed Utility Rebates, and JCI guarantees that Customer will achieve a total of $5,271,800 in Measured Project Benefits during the term of this Agreement, for Total Project Benefits of $17,026,520, as set forth in the Total Project Benefits table below. Total Project Benefits***** Year Measured Benefits Non-Measured Benefits Utility Rebates**** Annual Project Benefits Utility Cost Avoidance* Operational Cost Avoidance** Capital Cost Avoidance*** Construction $70,899 $0 $466,173 $161,000 $698,072 1 $201,716 $67,141 $466,173 $0 $735,029 2 $202,869 $69,155 $466,173 $0 $738,196 3 $204,056 $71,229 $466,173 $0 $741,458 4 $205,278 $73,366 $466,173 $0 $744,817 5 $206,538 $75,567 $466,173 $0 $748,278 6 $207,835 $77,834 $466,173 $0 $751,842 7 $209,171 $80,169 $466,173 $0 $755,513 8 $210,547 $82,574 $466,173 $0 $759,294 9 $211,965 $85,052 $466,173 $0 $763,189 10 $213,425 $87,603 $466,173 $0 $767,201 11 $214,928 $90,231 $466,173 $0 $771,332 12 $286,696 $92,938 $466,173 $0 $845,807 13 $295,297 $95,726 $466,173 $0 $857,196 14 $304,156 $98,598 $466,173 $0 $868,927 15 $313,280 $101,556 $466,173 $0 $881,009 16 $322,679 $104,603 $466,173 $0 $893,454 17 $332,359 $107,741 $466,173 $0 $906,273 18 $342,330 $110,973 $466,173 $0 $919,476 19 $352,600 $114,302 $466,173 $0 $933,075 20 $363,178 $117,731 $466,173 $0 $947,082 Total $5,271,800 $1,804,092 $9,789,628 $161,000 $17,026,520 * The electrical consumption rate structure ($/kWh) for Fort Bend County is fixed for through Performance Year 11 and will not escalate during that period. A detailed annual kWh rate for each building for each Performance Year can be found in Section IV below. Electrical Demand ($/kW) and natural gas ($/therm) rates shall be escalated annually by the actual cost escalation, but such escalation shall be no less than the mutually agreed “floor” escalation rate of 3.0%. ** Non-Measured Operational Cost Avoidance Benefits figures in the table escalate by the annual rate of 3.0% during the duration of the Project Term. *** Non-Measured Capital Cost Avoidance Benefits figures in the table do not escalate during the duration of the Project Term. **** Utility Rebates shown in the table above are not guaranteed. Fort Bend County must apply for these rebates. Xxxxxxx Controls shall assist Fort Bend County in the rebate ...
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Project Benefits Summary. A. Subject to the terms and conditions of this GESA Contract, GESA Contractor and Funding Agency agree that, upon Final Completion, Funding Agency will be deemed to achieve a total of $ in annual increments as shown in the Maintenance Material Savings column of the Total Project Benefits table below. GESA Contractor guarantees that Funding Agency will achieve a total of $ in Total Annual Energy Savings during the term of this Assured Performance Guarantee, for Total Project Benefits of $ as set forth in the Total Project Benefits table below.
Project Benefits Summary. Subject to the terms and conditions of this Attachment, Consultant guarantees that City will achieve a total of $358,987 in Measured Project Benefits during the term of this Attachment, for Total Project Benefits of $358,987 as set forth in the Total Project Benefits table below. Schedule P-2 Total Project Benefits Year Utility Cost Avoidance* Operation & Maintenance Cost Avoidance** Future Capital Cost Avoidance** Annual Project Benefits Installation Period $0 $0 $0 $0 1 $25,295 $0 $0 $25,295 2 $26,054 $0 $0 $26,054 3 $26,835 $0 $0 $26,835 4 $27,641 $0 $0 $27,641 5 $28,470 $0 $0 $28,470 6 $29,324 $0 $0 $29,324 7 $30,204 $0 $0 $30,204 8 $31,110 $0 $0 $31,110 9 $32,043 $0 $0 $32,043 10 $33,004 $0 $0 $33,004 11 $33,994 $0 $0 $33,994 12 $35,014 $0 $0 $35,014 Totals $358,987 $0 $0 $358,987 *Utility Cost Avoidance is a Measured Project Benefit. Utility Cost Avoidance figures in the table above are based on anticipated increases in unit energy costs as set forth in the table in Section IV below. ** Operations & Maintenance Cost Avoidance and Future Capital Cost Avoidance are Non-Measured Project Benefits. Operations & Maintenance Cost Avoidance and Future Capital Cost Avoidance figures in the table above are based on a mutually agreed fixed annual escalation rate of zero percent (0%). Within sixty (60) days of the commencement of the Guarantee Term, Consultant will calculate the Measured Project Benefits achieved during the Installation Period plus any Non-Measured Project Benefits applicable to such period and advise City of same. Any Project Benefits achieved during the Installation Period may, at Consultant’s discretion, be allocated to the Annual Project Benefits for the first year of the Guarantee Term. Within sixty (60) days of each anniversary of the commencement of the Guarantee Term, Consultant will calculate the Measured Project Benefits achieved for the applicable year plus any Non-Measured Project Benefits applicable to such period and advise City of same. City acknowledges and agrees that if, for any reason, it (i) cancels or terminates receipt of M&V Services,
Project Benefits Summary. Subject to the terms and conditions of this Agreement, JCI and Customer agree that Customer will be deemed to achieve a total of $41,756,286 in Measured Utility Cost Avoidance and $529,848 in Operations and Maintenance Cost Avoidance, and $250,000 in Rebates during the term of this Agreement, for Total Project Benefits of $42,536,134, as set forth in the Total Project Benefits table below. Total Project Benefits Year Utility Cost Avoidance* Measurable Savings Operations & Maintenance Cost Avoidance** Energy Rebate- Non Recurring Savings Total Guaranteed Project Benefits Construction $250,000 $250,000 1 $1,783,357 $29,436 $1,812,793 2 $1,836,857 $29,436 $1,866,293 3 $1,891,963 $29,436 $1,921,399 4 $1,948,722 $29,436 $1,978,158 5 $2,007,183 $29,436 $2,036,619 6 $2,067,399 $29,436 $2,096,835 7 $2,129,421 $29,436 $2,158,857 8 $2,193,304 $29,436 $2,222,740 9 $2,259,103 $29,436 $2,288,539 10 $2,326,876 $29,436 $2,356,312 11 $2,396,682 $29,436 $2,426,118 12 $2,468,582 $29,436 $2,498,018 13 $2,542,640 $29,436 $2,572,076 14 $2,618,919 $29,436 $2,648,355 15 $2,697,487 $29,436 $2,726,923 16 $2,778,411 $29,436 $2,807,847 17 $2,861,764 $29,436 $2,891,200 18 $2,947,617 $29,436 $2,977,053 Totals $41,756,286 $529,848 $250,000 $42,536,134 *Utility Cost Avoidance is a Measured Project Benefit. Utility Cost Avoidance figures in the table above are based on anticipated increases in unit energy costs as set forth in the table in Section IV below. ** Operations & Maintenance Cost Avoidance are Non-Measured Project Benefits.
Project Benefits Summary. Subject to the terms and conditions of this Agreement, Contractor and Customer agree that Customer will be deemed to achieve a total of $50,331 in Non-Measured Project Benefits and Contractor guarantees that Customer will achieve a total of $5,530 in Measured Project Benefits during the term of this Agreement, for Total Project Benefits of $55,861 as set forth in the Total Project Benefits table below. TOTAL PROJECT BENEFITS Year Utility Cost Avoidance Measured* Utility Cost Avoidance Non- Measured* Total Utility Cost Avoidance* Major Maintenance Deferred Cost Avoidance ** Maintenance Operations Cost Avoidance** Total Savings (Annual) 1 5530 0 5530 45000 5331 55861 2 5530 0 5530 45000 5331 55861 3 5530 0 5530 45000 5331 55861 4 5530 0 5530 45000 5331 55861 5 5530 0 5530 45000 5331 55861 6 5530 0 5530 45000 5331 55861 7 5530 0 5530 45000 5331 55861 8 5530 0 5530 45000 5331 55861 9 5530 0 5530 45000 5331 55861 10 5530 0 5530 45000 5331 55861 11 5530 0 5530 45000 5331 55861 12 5530 0 5530 45000 5331 55861 13 5530 0 5D5RAFT 30 45000 5331 55861 14 5530 0 5530 45000 5331 55861 15 5530 0 5530 45000 5331 55861 16 5530 0 5530 45000 5331 55861 17 5530 0 5530 45000 5331 55861 18 5530 0 5530 45000 5331 55861 19 5530 0 5530 45000 5331 55861 20 5530 0 5530 45000 5331 55861 Total 110600 0 110600 900000 106620 1117220 Per MPS Request, Utility Cost Avoidance will be measured in Year 1 and stipulated for the remainder of the contract. *Utility Cost Avoidance is a Measured Project Benefit. Utility Cost Avoidance figures in the table above are based on current unit energy costs with no escalation as set forth in the table in Section IV below. ** Major Maintenance Deferred Cost Avoidance and Maintenance Operations Savings are Non-Measured Project Benefits. Major Maintenance Deferred Cost Avoidance and Maintenance Operations Savings figures in the table above are based on current report values with no escalation. Within sixty (60) days of the commencement of the Guarantee Term, Contractor will calculate the Measured Project Benefits achieved during the Installation Period plus any Non-Measured Project Benefits applicable to such period and advise Customer of same. Any Project Benefits achieved during the Installation Period may, at Contractor’s discretion, be allocated to the Annual Project Benefits for the first year of the Guarantee Term. Within sixty (60) days of each anniversary of the commencement of the Guarantee Term, Contractor will calculate the Measured Project Benefi...
Project Benefits Summary. Subject to the terms and conditions of this Agreement, JCI and Customer agree that Customer will be deemed to achieve a total of $1,345,820 in Non-Measured Project Benefits and JCI guarantees that Customer will achieve a total of $4,868,586 in Measured Project Benefits during the term of this Agreement, for Total Project Benefits of $6,214,406 as set forth in the Total Project Benefits table below. Total Project Benefits Year Measured Utility Cost Avoidance* Non-Measured Utility Cost Avoidance* Operations & Maintenance Cost Avoidance** Annual Project Benefits 1 $343,051 $66,230 $35,405 $444,686 2 $353,342 $68,217 $36,467 $458,027 3 $363,943 $70,264 $37,561 $471,767 4 $374,861 $72,372 $38,688 $485,920 5 $386,107 $74,543 $39,849 $500,498 6 $397,690 $76,779 $41,044 $515,513 7 $409,621 $79,082 $42,275 $530,978 8 $421,909 $81,455 $43,544 $546,908 9 $434,566 $83,898 $44,850 $563,315 10 $447,603 $86,415 $46,195 $580,214 11 $461,032 $89,008 $- $550,039 12 $474,862 $91,678 $- $566,541 Total $4,868,586 $939,941 $405,879 $6,214,406 * Utility Cost Avoidance figures in the table above are based on anticipated increases in unit energy costs as set forth in the table in Section IV below. ** Operations & Maintenance Cost Avoidance is a Non-Measured Project Benefit. Operations & Maintenance Cost Avoidance figures in the table above are based on a mutually agreed fixed annual escalation rate of three percent (3%).

Related to Project Benefits Summary

  • Superior Benefits Employees receiving benefits and/or wages specified in this Agreement, superior to those provided in this Agreement, shall remain at the superior benefit level which was in effect on the effective date of this Agreement, until such time as such superior benefits are surpassed by the benefits and/or wages provided in succeeding agreements. This provision applies only to employees on staff as of the effective date of this Agreement.

  • Procedure for Benefits Modifications 1. Proposals for major retirement benefit modifications will be negotiated in joint meetings with the certified employee organizations whose memberships will be directly affected. Agreements reached between Management and organizations whereby a majority of the members in LACERS are affected shall be recommended to the City Council by the CAO as affecting the membership of all employees in LACERS. Such modifications need not be included in the MOU in order to be considered appropriately negotiated.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

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