Operational cost savings definition

Operational cost savings means expenses eliminated and

Operational cost savings means expenses eliminated and future replacement expenditures avoided as a result of new equipment installed or services performed.

Operational cost savings means savings realized from parts, service fees, capital renewal costs, and other measurable annual expenses to maintain and repair systems. This definition does not mean labor savings related to existing facility staff.

Examples of Operational cost savings in a sentence

• Operational cost savings could be captured through common program administration and energy procurement activities.

• Operational cost savings were analysed on a sectoral basis, and as a result the following section provides an overview of the savings that could be made in food, nutrition, WASH (water, sanitation and hygiene), and shelter through multi-year funding and early response compared with late response.

• Operational cost savings means net cash in-flows arising because operational costs have decreased as a result of project implementation.

• Note: Operational cost savings that arise as a result of the implementation of energy efficiency measures and which occur after the completion of a project are no longer treated as net revenue.

• H&F TFM Procurement Report – Stage 4, 14 November 2012(b) Operational cost savings – a minimum £2 million (6 per cent) annual saving in operational costs across Tri-Borough.(c) Income generation – opportunities for additional income and or cost savings as a result of associated economies of scale arising from the Framework being offered.

More Definitions of Operational cost savings

Operational cost savings means a measurable decrease in operation and maintenance costs that is a direct result of the implementation of one or more energy conservation measures. Such savings shall be calculated in comparison with an established baseline of operation and maintenance costs.

Operational cost savings means operating expenses eliminated and future capital replacement expenditures avoided as a result of new equipment installation or services performed by the qualified provider.

Operational cost savings means expenses eliminated and future replacement expenditures avoided, reduction in maintenance and repairs or parts and components purchased as a result of new equipment installed or services performed.

Operational cost savings means that the savings of the opera­ tional costs of a major facility project constructed pursuant to section 39­2904(1), Idaho Code, over a period of ten (10) years, will equal or be more than the additional cost of construction of the building as required in section 39­3904 39­2904, Idaho Code.

Operational cost savings means a reduction in operational costs to the landlord through the application of Building improvements that achieve cost savings over the Firm Term of the Lease sufficient to pay the incremental additional costs of making the Building improvements. F. Instructions for obtaining an ENERGY STAR® Label are provided at http://www.energystar.gov/buildings/facility-owners-and-managers/existing-buildings/earn- recognition/energy-star-certification (use “Portfolio Manager” to apply). ENERGY STAR® tools and resources can be found at www.energystar.gov. The ENERGY STAR® Building Upgrade Manual (http://www.energystar.gov/buildings/facility-owners-and-managers/existing-buildings/save- energy/comprehensive-approach/energy-star) and Building Upgrade Value Calculator (http://www.energystar.gov/buildings/tools-and-resources/building-upgrade-value-calculator) are tools which can be useful in considering energy efficiency and conservation improvements to Buildings. G. If one or more of the statutory exceptions applies, and the offered Space is not in a Building that has earned the ENERGY STAR® Label within one year prior to the due date for final proposal revisions, the successful Offeror will be excused from performing any agreed-to energy efficiency and conservation renovations, and benchmarking with public disclosure (as provided in (I) below, if it obtains the ENERGY STAR® Label prior to the Government’s acceptance of the Space (or not later than one year after the Lease Award Date for succeeding and superseding leases). H. If no improvements are proposed, the Offeror must demonstrate to the Government using the ENERGY STAR® Online Tools why no energy efficiency and conservation improvements are cost effective. If such explanation is unreasonable, the offer may be rejected. I. As described in Section 3 of the Lease, successful Offerors meeting one of the statutory exceptions above must agree to benchmark and publicly disclose the Building’s current ENERGY STAR® score, using EPA’s Portfolio Manager online software application. See the Lease for additional details. J. All new Buildings being specifically constructed for the Government must achieve the ENERGY STAR® Label within 18 months after occupancy by the Government. K. As part of the cost effective upgrades specified under sub-paragraph D above, existing lighting systems must be upgraded to meet or exceed the stated lighting specifications in the Lease unless, with respect to upgrades otherwise in excess of the mini...

Operational cost savings means a measurable decrease in operation and maintenance

Operational cost savings means savings realized from parts, service fees, capital renewal costs, and other