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Minnesota State University - Moorhead·Minnesota

Energy Savings Performance Contracting Project Financing

Closes 12/9/2025$5M – $7MRequest for Proposal
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Description

The Minnesota State University - Moorhead is requesting proposals to finance a variety of energy conservation measures to be designed, engineered, constructed, and commissioned by Ameresco (ESCO) across the campus. The project includes several energy conservation measures such as lighting upgrades, building envelope improvements, steam insulation, and lab optimization. The successful proposer will be required to negotiate a mutually agreeable financing agreement with Minnesota State University - Moorhead. The financing structure shall be a tax-exempt lease purchase arrangement with annual or semi-annual payments in arrears. The term of the loan shall be 250 months, with a financed project amount of approximately $6.0 million. • The project includes several energy conservation measures • The successful proposer will be required to negotiate a financing agreement • The financing structure shall be a tax-exempt lease purchase arrangement • The term of the loan shall be 250 months • The financed project amount is approximately $6.0 million

Attached files

Contact

Celena Monn(Procurement Contact)

[email protected]

(651) 201-1444

Key dates

Opened
11/17/2025
Closes
12/9/2025
Duration
250 months

Last updated

Details

Type
Request for Proposal
Industry
Education
NAICS
541620
Solicitation №
SRC-MSUM-2026-000492-RFP

Budget estimate

$5,000,000 – $7,000,000

The budget for this project can be estimated based on the financed project amount, which is approximately $6.0 million. However, the actual budget may vary depending on the financing terms and the company selected for the project. Considering the project duration of 250 months and the financed amount, the annual budget could be around $240,000. The total budget over the project duration could be around $6.0 million, plus interest and other costs.

AI estimate from the solicitation

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