Description
The City of Newark is seeking a qualified Energy Service Company (ESCO) to provide a turnkey Energy Savings Performance Contract (ESPC) for applicable City-owned facilities. The selected ESCO will perform an Investment Grade Audit, identify and design energy conservation measures, provide construction and implementation services, guarantee energy and operational savings, and perform ongoing measurement and verification. The City intends to investigate various energy conservation measures, including installing solar photovoltaic systems, battery energy storage systems, and water conservation plumbing fixtures. The contract will be awarded based on qualifications, experience, and overall value to the City.
• The ESCO will be responsible for the development, design, engineering, procurement, construction, commissioning, and performance verification of all approved Energy Conservation Measures (ECMs).
• The ESCO shall guarantee the energy and operational savings sufficient to cover all project costs over the contract term.
• The City reserves the right to accept additional ECMs as identified by the selected ESCO, or reject any ECMs, at their sole discretion.
• The contract term is expected to be long enough to cover all project costs, but the exact duration is not specified.