Opening of Proposals - RFQ VPA Energy Savings Contract - Honeywell - Part 2

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SCHEDULE C ENERGY AND COST SAVINGS GUARANTEE 1. DEFINITIONS When used in this Agreement, the following capitalized words shall have the meanings ascribed to them below: "Baseline" is the description outlined herein that defines the Baseline Usage Baseline Usage Unit Costs and facilities, systems, or equipment operations and characteristics, and environmental conditions that are to be used as the benchmark for determining cost avoidance. "Baseline Period" is the period of time (specified below) coordinated with the Baseline Usage for the purpose of utility bill analysis (see "Option C") to allow the comparison of a Guarantee Year against a Baseline. The Baseline Period may not always be one contiguous element of time and may be different from a 365-day annual period. Baseline information from non-contiguous elements of time may be normalized and assigned to a specified Baseline Period. "Baseline Usage" the calculated or measured energy usage (demand) by a piece of equipment or a site prior to the implementation of the ECMs. Baseline physical conditions, such as equipment counts, nameplate data, and control strategies, will typically be determined through surveys, inspections, and/or metering at the site. "Base Year" is equivalent to 'Baseline" and may not always be one contiguous element of time and may be different from a 365-day annual period. "Interim Period" The time period between the start of the project installation and the Commencement Date. "Construction Savings Period" The time period(s) between the completion of installation and start of providing substantial benefit to the CITY for each single specific ECM vs. the Commencement Date. "Cost Avoidance" means the difference between the actual cost incurred during a selected time period versus what the cost would have been had the cost avoidance strategy not been implemented. "Covered Systems and Equipment" as used herein means the systems and equipment identified in Schedule A and its Attacbment(s) (Scope of Work) and Schedule (Support Services). "Energy Cost Avoidance Guarantee Practices" are those practices identified herein, intended to achieve avoided costs in energy expenses. "Energy Auditing" means the act of Measurement and Verification (M&V) to determine the Guarantee Savings. "Energy Costs" may include the cost of electricity and fuels to operate HVAC equipment, facility mechanical and lighting systems, and energy management systems, and the cost of water and sewer usage, as applicable. "ECM" The Energy Conservation Measure (ECM) is the installation of equipment or systems, or modification of equipment or systems as described in Schedule A and its Attachment(s), for the purpose of reducing utility (energy, water, etc.) consumption and demand and costs and/or non -utility costs. "Facilities" shall mean those buildings where the energy cost savings will be realized. Schedule C Page 1