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EPC Schedule D, Rev 7-2017 Page 1 of 17 <br />M&V Services <br />EPC SCHEDULE D <br />MEASUREMENT AND VERIFICATION SERVICES PLAN <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 />*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 />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 />Services <br />(Total) <br />M&V Cost <br />Percent of <br />Guaranteed <br />Annual <br />Savings <br />1 $ 241,176 $ 24,355 $ 24,355 10.1% <br />2 $ 246,551 $ 16,249 $ 16,249 6.6% <br />3 $ 252,111 $ 16,736 $ 16,736 6.6% <br />Minimum 3-year Total* $ 739,837 $ 57,340 $ 57,340 7.8% <br />4 $ 257,861 $ 17,239 17,239$ 6.7% <br />5 $ 263,809 $ 17,756 17,756$ 6.7% <br />6 $ 269,962 $ 18,288 18,288$ 6.8% <br />7 $ 276,325 $ 18,837 18,837$ 6.8% <br />8 $ 282,906 $ 19,402 19,402$ 6.9% <br />9 $ 289,713 $ 19,984 19,984$ 6.9% <br />10 $ 296,753 $ 20,584 20,584$ 6.9% <br />11 $ 301,048 $ 21,201 21,201$ 7.0% <br />Optional 11-Year Total $ 2,978,215 $ 210,631 $ 210,631 7.1% <br />DocuSign Envelope ID: A95174CF-47BB-49A8-9A31-757C478FB907