03-23-15 Agenda. Packet & Committee Meeting Notice

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A egr ed Upon Energy Swings lle _Annual Savings identified in the table below are .agreed Upon Savings for the First Guarantee year documented by the calculations and methodologies described in this Attachment G and are not subject to Measurement or verification. In each subsequent Guarantee Year, the Agreed Upon Savings shall he escalated at it rate of 3.0 114, per year to de•rern inc rile Agreed Upon Savings from these measures for such Guarantee Ycar. 11ris escalation factor is based upon the hederal Energy i\faoagcoeat program (FEMP) Energy Escalation Rue Calculator (EERC 2,0 -13) tool which is developed using historical uriliry information. The parties have reviewed the savings in Table G4 and the Customer agrees and accepts thin upon Substantial Completion of the related I:CC11s the Agreed Upon Savings set forth in'rable G4 below shall be deemed achieved and included, with appropriate escalation as set forth herein, in the ;Annual Savings determined for each Guarantee Year. Table G4: Energy and Water Agreed Upon Savings for First Guarantee Year Agreed Upon Operational Savings and Capital Cost Avoidance Savings The annual operating cost savings and capital cost avoidance savings identified in'Dable GS below are Agreed Upon Savings for the First Guarantee Year documented by the calculations and methodologies described in this Attachment G and are not subject to measurement or verification. These savings have been reviewed and an:lpzed by the Parties and mac include but lire not limited to: repair and maintenance coat reductions; deferred maintenance backlog cost reductions; and other long term operating cost savings. In each subsequent Guarantee Year, the Agreed Upon Savings - Operational and Maintenance Savings in Table G5 shall be escalated at s rate of 3.0 "'o per year to determine tile• Agreed Upon Savings from, operating savings for such Guaraince Year.. -1-his escalation factor is consistent will, the rate used for energy savings which \N-as based upon the Federal Hnergl' Managcmcnt Program (FEMP) ].;nervy Escalation Rate Calculator p ERC 2.0 -13) too] which is developed using historical ntilin information. '17,r Cnstonu•r it and accepts that upon Substantial Completion of the project, tile Agreed Upon Savings set forth in Table GS below shall be deeote•d achieved and included, with appropriate escalation as set forth herein, in the Annual Sayings determined for such Guarantee bear. Table G5: Operational Agreed Upon Savings for First Guarantee Year PCA11Bui1d5ng —cedUpon S:ninvs Operational and Maintenance Saving, S6,5o0 Capital C:nsr. . \voidoncc• Savings $362,936 Total Operational and Capital Cost Avoidance Agreed Upon Savings in First Guarantee Year: $369,436 M &V Services .Aincresco will perform tilt• Nl&V Scryiccs and submit to Customer a mea,uremrnt and verification report, whicl, Shull indude a guarantee reconciliation (tile " \I & \' Repot••) upon the later of (i) ninety ()0) dal's after tit• end of each Guarantee Scar and (ii) Sinn' (60) day, after An,c•reseo receives or obtains :111 utility billing and other enet ;5n usage dart necessary for.Ame•reseo's contple•tiou of the Guarantee Reconciliation. The, \feC\' 1Zeport will include a calculation of the cunndatiyc.Annual Savings achieved in relation to the cumulative Guaranteed Sayings for the period being reconciled. 'lle Nl&V Services will be performed :red an Annual \I &\' Repot delivered for Guarantee � eux 1 through 15 55