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03-23-15 Agenda. Packet & Committee Meeting Notice
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03-23-15 Agenda. Packet & Committee Meeting Notice
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4/23/2015 12:20:19 PM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
3/23/2015
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A egr ed Upon Energy Swings <br />lle _Annual Savings identified in the table below are .agreed Upon Savings for the First Guarantee year <br />documented by the calculations and methodologies described in this Attachment G and are not subject to <br />Measurement or verification. In each subsequent Guarantee Year, the Agreed Upon Savings shall he escalated <br />at it rate of 3.0 114, per year to de•rern inc rile Agreed Upon Savings from these measures for such Guarantee <br />Ycar. 11ris escalation factor is based upon the hederal Energy i\faoagcoeat program (FEMP) Energy <br />Escalation Rue Calculator (EERC 2,0 -13) tool which is developed using historical uriliry information. The <br />parties have reviewed the savings in Table G4 and the Customer agrees and accepts thin upon Substantial <br />Completion of the related I:CC11s the Agreed Upon Savings set forth in'rable G4 below shall be deemed <br />achieved and included, with appropriate escalation as set forth herein, in the ;Annual Savings determined for <br />each Guarantee Year. <br />Table G4: Energy and Water Agreed Upon Savings for First Guarantee Year <br />Agreed Upon Operational Savings and Capital Cost Avoidance Savings <br />The annual operating cost savings and capital cost avoidance savings identified in'Dable GS below are Agreed <br />Upon Savings for the First Guarantee Year documented by the calculations and methodologies described in this <br />Attachment G and are not subject to measurement or verification. These savings have been reviewed and <br />an:lpzed by the Parties and mac include but lire not limited to: repair and maintenance coat reductions; deferred <br />maintenance backlog cost reductions; and other long term operating cost savings. In each subsequent Guarantee <br />Year, the Agreed Upon Savings - Operational and Maintenance Savings in Table G5 shall be escalated at s rate <br />of 3.0 "'o per year to determine tile• Agreed Upon Savings from, operating savings for such Guaraince Year.. -1-his <br />escalation factor is consistent will, the rate used for energy savings which \N-as based upon the Federal Hnergl' <br />Managcmcnt Program (FEMP) ].;nervy Escalation Rate Calculator p ERC 2.0 -13) too] which is developed using <br />historical ntilin information. '17,r Cnstonu•r it and accepts that upon Substantial Completion of the project, <br />tile Agreed Upon Savings set forth in Table GS below shall be deeote•d achieved and included, with appropriate <br />escalation as set forth herein, in the Annual Sayings determined for such Guarantee bear. <br />Table G5: Operational Agreed Upon Savings for First Guarantee Year <br />PCA11Bui1d5ng <br />—cedUpon S:ninvs <br />Operational and Maintenance Saving, <br />S6,5o0 <br />Capital C:nsr. . \voidoncc• Savings <br />$362,936 <br />Total Operational and Capital Cost Avoidance Agreed Upon <br />Savings in First Guarantee Year: <br />$369,436 <br />M &V Services <br />.Aincresco will perform tilt• Nl&V Scryiccs and submit to Customer a mea,uremrnt and verification report, whicl, <br />Shull indude a guarantee reconciliation (tile " \I & \' Repot••) upon the later of (i) ninety ()0) dal's after tit• end <br />of each Guarantee Scar and (ii) Sinn' (60) day, after An,c•reseo receives or obtains :111 utility billing and other <br />enet ;5n usage dart necessary for.Ame•reseo's contple•tiou of the Guarantee Reconciliation. The, \feC\' 1Zeport will <br />include a calculation of the cunndatiyc.Annual Savings achieved in relation to the cumulative Guaranteed Sayings <br />for the period being reconciled. <br />'lle Nl&V Services will be performed :red an Annual \I &\' Repot delivered for Guarantee � eux 1 through 15 <br />55 <br />
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