Energy Performance Contract Financing #1 (S)

The contract is for energy performance contract financing, with a total value of approximately $8,100,000. The contract is between Florida Atlantic University (FAU) and TD Equipment Finance, Inc. The project involves facility improvements, including chiller replacement and various upgrades to the distribution process, which will be guaranteed by Siemens via an Energy Savings Performance Contract. The contract is expected to provide financing for the improvements, secured by energy savings. Key aspects of the contract include the financing terms, experience with energy performance contracts, and insurance requirements. • The contract is for a single award to TD Equipment Finance, Inc. • The project involves facility improvements with a total value of approximately $8,100,000. • The contract is secured by energy savings guaranteed by Siemens via an Energy Savings Performance Contract. • The contract requires the vendor to provide financing for the improvements. • The vendor must have experience with energy performance contracts and provide references. • The contract includes insurance requirements, including workers' compensation and comprehensive general liability insurance.