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DocuSign Envelope ID: A95174CF-47BB-49A8-9A31-757C478FB907 <br />EPC SCHEDULE D <br />MEASUREMENT AND VERIFICATION SERVICES PLAN <br />M&V Services <br />"M&V Services" means Services or activities relating to the measurement and verification by the ESCO of the <br />efficiency and effectiveness of the Project, pursuant to this EPC Contract and the CEO Measurement and <br />Verification Policy as applied. <br />This schedule shall use the following documents as a standard for presentation and reporting purposes. <br />EPC M&V Policy: Should the Political Subdivision wish to extend M&V services beyond the Guarantee Period per <br />the M&V Term definition, the future additional annual costs to the Political Subdivision are presented in the table <br />below. If the extended M&V costs beyond the Guarantee Period are not included in the Maximum Contract Price, <br />they will be funded separately by the Political Subdivision. <br />(ESCOs provide the annual M&V cost for each year of the Guarantee Period and through the term of the Financing <br />Agreement Term by IPMVP Option.) <br />Year <br />Guaranteed <br />Annual Cost <br />Savings <br />Annual <br />Cost for <br />M&V <br />Services <br />(Option A) <br />Annual Cost <br />for M&V <br />ServicesAnnual <br />(Total) <br />M&V Cost <br />Percent of <br />Guaranteed <br />Savings <br />1 <br />$ <br />241,176 <br />$ <br />24,355 <br />$ <br />24,355 <br />10.1% <br />2 <br />$ <br />246,551 <br />$ <br />16,249 <br />$ <br />16,249 <br />6.6% <br />3 <br />$ <br />252,111 <br />$ <br />16,736 <br />$ <br />16,736 <br />6.6% <br />Minimum 3-year Total* <br />$ <br />739,837 <br />$ <br />57,340 <br />$ <br />57,340 <br />7.8% <br />4 <br />$ <br />257,861 <br />$ <br />17,239 <br />$ <br />17,239 <br />6.7% <br />5 <br />$ <br />263,809 <br />$ <br />17,756 <br />$ <br />17,756 <br />6.7% <br />6 <br />$ <br />269,962 <br />$ <br />18,288 <br />$ <br />18,288 <br />6.8 % <br />7 <br />$ <br />276,325 <br />$ <br />18,837 <br />$ <br />18,837 <br />6.8% <br />8 <br />$ <br />282,906 <br />$ <br />19,402 <br />$ <br />19,402 <br />6.9 % <br />9 <br />$ <br />289,713 <br />$ <br />19,984 <br />$ <br />19,984 <br />6.9% <br />10 <br />$ <br />296,753 <br />$ <br />20,584 <br />$ <br />20,584 <br />6.9 % <br />11 <br />$ <br />301,048 <br />$ <br />21,201 <br />$ <br />21,201 <br />7.0% <br />Optional11-Year Total <br />$ <br />2,978,215 <br />1 $ <br />210,631 <br />$ <br />210,631 <br />7.1% <br />*Note that the Schedule D proforma shows the CEO minimum required M&V term of three years. The term of M&V <br />services is directly linked to the duration of the savings guarantee. The Agency has the option to extend the M&V service <br />term (and hence the guarantee term) up to the full financed project term. <br />EPC Schedule D, Rev 7-2017 Page 1 of 17 <br />