Guaranteed Energy Savings Performance Contract Sample Contracts

Guaranteed Energy Savings Performance Contracts
Guaranteed Energy Savings Performance Contract • June 29th, 2016

Pursuant to Section 8.231, RSMo, a guaranteed energy savings performance contract is a contract for the implementation of one or more energy saving measures that may be applied to an existing school district facility. The contract shall provide that all payments, except obligations on termination of the contract before its expiration, are to be made over time and the energy cost savings are guaranteed to the extent necessary to make payments for the system. The contractor/vendor must certify to the school district an energy savings equal to or greater than the cost of procurement/installation. Principal payments may not be made until a corresponding amount of energy and energy related operating savings has been realized by the school district. A school district shall not enter into a guaranteed energy cost savings contract without first soliciting competitive proposals as required by Section 8.231.2, RSMo.

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GUARANTEED ENERGY SAVINGS PERFORMANCE CONTRACT
Guaranteed Energy Savings Performance Contract • November 9th, 2012 • West Virginia

THIS CONTRACT (herein the or this “Contract”), made this 14th day of December, 2012, by and between Glenville State College (hereinafter called “Owner” or “GSC”) and Energy Systems Group, LLC, an Indiana limited liability company (hereinafter called “Contractor” or “ESG”),

Commonwealth of KY Dept. of Parks
Guaranteed Energy Savings Performance Contract • August 24th, 2016

Guaranteed Energy Savings Performance Contract definition by statute: an agreement for the provision of energy services or equipment, including energy efficiency measures, energy conservation measures and alternate energy technologies for state government buildings, in which a person agrees to design, construct, install, maintain, operate or manage energy systems or equipment to improve energy efficiency of, or produce energy in connection with, a state government building. Payment for a guaranteed energy savings performance contact shall be made form measured and verified savings generated from implementation of the energy efficiency measures financed by the contract. The term of a guaranteed energy savings performance contract shall not exceed the life of the energy savings generated from implementation of the energy efficiency measures financed by the contract. If the measured and verified savings are not sufficient to pay the financial obligations under the contract, the contactor

Guaranteed Energy Savings Performance Contract enabled this North Carolina public school system to employ over $ 3,400,000 in facility upgrades across 11 schools and buildings with annual anticipated guaranteed savings of $ 301,260 annually. This...
Guaranteed Energy Savings Performance Contract • October 8th, 2019

Kannapolis City Schools is experienced tremendous enrollment growth and was challenged with the need to build new schools, leaving limited budgets to address aging technologies across their existing school system buildings. Many of the aging schools were only able to receive upgrades under emergency replacement circumstances.

GUARANTEED ENERGY SAVINGS PERFORMANCE CONTRACT
Guaranteed Energy Savings Performance Contract • May 5th, 2020 • Georgia

This Guaranteed Energy Savings Performance Contract (“Agreement”) is made and entered into by and between Owner (“Owner”) and ESP (“ESP”) under seal to provide energy conservation measures and related services to Owner’s premises, as more fully described in the Contract Documents.

FIRST AMENDMENT TO GUARANTEED ENERGY SAVINGS PERFORMANCE CONTRACT
Guaranteed Energy Savings Performance Contract • February 20th, 2015

PERFORMANCE CONTRACT (“Amendment”) is entered into as of , 2015 (the “Execution Date”), by and between City of Fishers, Indiana (hereinafter called “City” or “Owner”) and Bowen Engineering Corporation, an Indiana corporation (hereinafter called “Contractor”).

GUARANTEED ENERGY SAVINGS PERFORMANCE CONTRACT
Guaranteed Energy Savings Performance Contract • December 11th, 2015 • Indiana

sometimes “Agreement” and sometimes “Contract”), made this day of 2015, by and between City of West Lafayette, Indiana, a municipal Corporation (hereinafter called “City” or “Owner”) and Bowen Engineering, an Indiana corporation (hereinafter called “Contractor”),

GUARANTEED ENERGY SAVINGS PERFORMANCE CONTRACT
Guaranteed Energy Savings Performance Contract • August 16th, 2012 • Texas

Re: Guaranteed Energy Savings Performance Contract between the City of Snyder, Texas and Energy Systems Group, LLC dated August 20, 2012

Guaranteed Energy Savings Performance Contract enabled this North Carolina public school system to employ over $6,420,000 in facility upgrades across 29 schools and buildings with annual anticipated guaranteed savings of $ 501,983 annually. This...
Guaranteed Energy Savings Performance Contract • February 10th, 2020

Caldwell County Schools (CCS) has many older schools and a very limited operation budget. They also only received a limited amount of funds from their county for existing facility upgrades aging technologies across their existing school system buildings. Many of the aging schools were only able to receive upgrades under emergency replacement circumstances.

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