City of Deerfield Beach Energy Performance Contracting ...
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Energy Performance Contracting Services City of Deerfield Beach August 2019
Transcript of City of Deerfield Beach Energy Performance Contracting ...
Energy Performance Contracting ServicesCity of Deerfield Beach
August 2019
Energy Performance Contracting Services
Presentation Overview
• Performance Contracting
• Audit Highlights
• Updates Since June 2019
• Next Steps
• Recommendation
Energy Performance Contracting Services
What is Performance Contracting?
• Guaranteed Financial Savings
• Backed by Corporate Guarantee
• Capital and Energy Efficiency Improvements
• Project Financing Tool
• Single Procurement / Bundled Projects
• Governed Under Florida Statute 489.145
• Protects Government Entities
• Pre-Qualified Energy Services Companies
• Maximum 20 Year Term
• Self-Funding, Performance-Based Solution
Energy Performance Contracting Services
Performance Contracting Model
Current Operations
Pro
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Guarantee Term
(Additional 2 Years)
Post Contract TermFinancing &
Guarantee Term
(15 Years)
Additional Savings
Additional SavingsRealized
Savings
M&V Costs
Energy Performance Contracting Services
Investment Grade Audit Highlights
• Lighting
• Heating, Ventilation & Air Conditioning (HVAC)
• Water Conservation
• Building Envelope
• Building Automation
• Digital Services
• Alternative Energy
• Sustainability Planning
Energy Performance Contracting Services
Performance(Short Payback Period)
• Lighting
• Primary HVAC
• Building Automation
• Water Conservation
• Building Envelope
• CNG Station
• Pool Geothermal
• Central City Campus Solar
Sustainability(Medium Payback Period)
• Fire Station 102 Solar
• Aquatics Center Solar
• Sullivan Park Solar
Capital & Compliance(Long Payback Period)
• R-22 (Refrigerant) HVAC
• Sand Filtration
• Pool Backwash
• CNG Backup Generator
Improvement Measure Categories
Energy Performance Contracting Services
Updates Since June 2019
• Removal from SBA Scrutinized List
• Adjusted Pricing Details
• Updated Project Cost Summary
• PACT Meeting
Energy Performance Contracting Services
Adjusted Pricing
Adjusted Pricing
Category Details Reduction
Schedule ReductionProfessional Services & General
Conditions$63,098
Profit 9% to 8.5% $48,398
Removal of CAA Solar Due to Schedule Conflict $273,426
Total Reduction $384,922
Additional Added Value
Item Details Value
Extended Warranties HVAC, Controls & Lighting Labor $31,716
$9,669,738
$9,284,816
-$3
84
,922
Energy Performance Contracting Services
Project Cost Summary
Base Project Cost $9,284,816
Service Programs $306,379
Performance Assurance $746,553
Total Program Cost $10,337,748*
Gross Savings (Guarantee Term) $15,039,140
*Does not include financing cost
Energy Performance Contracting Services
PACT Meeting (Project Acceleration through Coaching and Teamwork)
• Risk Analysis
• Communication Plan
• Project Scheduling
• Role Identification
Energy Performance Contracting Services
Next Steps
August 2019
Commission Meeting: Contracts Approval
September 2019
Begin Construction
Fall 2020
Complete Construction;
Begin Payback
17 Years
Continued Measurement &
Verification
Energy Performance Contracting Services
Recommendation
• Implementing Performance Contracting means:
• Generating great Cost Savings for the City
• Promoting the platform for a Smart City
• Building a Strong and Resilient Community
• Fostering Environmental Awareness
• Building a Sustainable Deerfield Beach
Energy Performance Contracting Services
Questions?
