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Awarded contract·Florida State University (FSU)·Florida

Energy Performance Contract Financing(s)

Won by Trane U.S. Inc. +2 more$5MMultiple Award
Contract source

Awarded vendors

  • Trane U.S. Inc.
  • Siemens Industry, Inc.
  • Bank of America Public Capital Corp

Description

The contract is for Energy Performance Contract Financing for two projects: the replacement and installation of chillers and improvements to the distribution system at the Central Utility and Satellite II plants, and an LED lighting replacement and upgrade project. The University is seeking to finance both projects concurrently through a master lease agreement with one or more respondents. The contract is subject to annual budget appropriation and is in accordance with Florida Statutes. • The contract is for Energy Performance Contract Financing • The projects include replacement and installation of chillers and improvements to the distribution system • The contract is subject to annual budget appropriation • The contract is in accordance with Florida Statutes • The University reserves the right to finance each project independently or cancel the ITN

Attached files

Key dates

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Energy and Utilities
NAICS
221118
Solicitation №
ITN 5928-6

Contract value

$5,000,000

The contract value is not explicitly stated, but based on the scope of the projects, it can be estimated to be in the range of $1 million to $10 million. The energy performance contract for the chiller replacement and LED lighting upgrade projects is likely to be a significant investment for the University, and the financing options will be critical to the success of the project. Factors that may influence the contract value include the cost of equipment, labor, and materials, as well as the financing terms and interest rates.

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