Energy Performance Contract Financing #2 (F)

The contract is for Energy Performance Contract Financing #2 (F) with Florida Atlantic University (FAU). The project involves approximately $7,000,000 in facility improvement measures on the Boca Raton campus, consisting of transformers and chillers for the system. The contract was awarded to Banc of America Public Capital Corp. The scope of work includes financing for the improvements secured by energy savings guaranteed by FPL via an Energy Savings Performance Contract. Key points to consider are the contract terms, experience financing energy performance contracts, and the requirement for insurance coverage. • The contract is for a large-scale energy performance project • The project involves significant investment in facility improvements • The contract requires experience in financing energy performance contracts • The contract has specific insurance requirements • The contract is subject to the terms and conditions of the ITN and the general contract terms.