city of deerfield beach energy performance contracting
TRANSCRIPT
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?