SCOPE OF ENERGY AUDIT Sample Clauses

SCOPE OF ENERGY AUDIT. The Company will perform the Energy Audit and prepare a detailed engineering and economic report (the "Report") which specifically identifies the energy improvements and operational changes which are recommended to be installed or implemented at the Facility. The Report shall contain detailed projections of energy and cost savings to be obtained at the Facility as a result of the installation of the recommended energy conservation measures (ECMs). The savings calculations must utilize assumptions, projections and baselines which best represent the true value of future energy or operational savings for the Facility, including accurate marginal cost for each unit of savings at the time the audit is performed; documented material and labor costs actually avoided; adjustments to the baseline to reflect current conditions at the Facility, compared to the historic base period; calculations which account for the interactive effects of the recommended ECMs; etc. The Report shall clearly describe how utility tariffs were used to calculate savings for all ECMs. The Report shall describe the Company's plan for installing or implementing the measures in the Facility, including all anticipated costs associated with such installation and implementation. The primary purpose of the Report is to provide an engineering and economic basis for negotiating an ESA between the Institution and the Company; however, the Institution shall be under no obligation to negotiate such a contract. The Company shall perform the following tasks in performing the Energy Audit and preparing the Report:
Sample 1
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SCOPE OF ENERGY AUDIT. The ESCO shall perform the Energy Audit and prepare a detailed engineering and economic report (the "Report") which specifically identifies the energy improvements and operational changes which are recommended to be installed or implemented at the Facility. The Report shall contain detailed projections of energy and cost savings to be obtained at the Facility as a result of the installation of the recommended ECMs. The savings calculations must utilize assumptions, projections and baselines which best represent the true value of future energy or operational savings for the Facility, including, but not limited to, accurate marginal cost for each unit of savings at the time the audit is performed; documented material and labor costs actually avoided; adjustments to the baseline to reflect current conditions at the Facility, compared to the historic base period; calculations which account for the interactive effects of the recommended ECMs; etc. The Report shall clearly describe how utility tariffs and commodity rates were used to calculate savings for all ECMs. The Report shall describe the ESCO’s plan for installing or implementing the measures in the Facility, including detailed design specifications and drawings and all anticipated costs associated with such installation and implementation. The primary purpose of the Report is to provide an engineering and economic basis for negotiating an ESA between the University and the ESCO; however, the University shall be under no obligation to negotiate such an Agreement. It is expected that the Investment Grade Audit and completion of the EAA would result in an accurate overall project scope and cost options, broken down by Divisions of Work and high level schedule of values along with a comprehensive schedule in order to draft and finalize an ESA. The ESCO shall have all ECM’s designed per University Design Facility Standards xxxx://xxx.xx.xxxxxxxx.xxx/resources/facilities-standards, unless a variance is ultimately granted per the variance process. All deliverables shall be created and delivered in accordance with the University’s Project Submittal Requirements and Campus Standards, but these requirements may be reduced as directed by the University, which can be found at: xxxx://xxx.xx.xxxxxxxx.xxx/docs/default-source/FIR/project-submittal-requirements.pdf. The expectation is that all Divisions of Work will be competitively bid out in order to provide firm construction costs and ultimately the ESA contract valu...
Sample 1

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