Energy Performance Contracting Services

This contract is for energy performance contracting services, which involves providing energy-efficient solutions to the City of Tucson. The contract includes services such as energy audits, energy modeling, and energy monitoring. The vendor, Applied Engineering Inc, will provide these services to help the City reduce its energy consumption and costs. The contract has a term of 10 years, and the vendor will be paid based on the energy savings achieved. The contract also includes provisions for financing and payment terms. Some key aspects of the contract include: * The City reserves the right to shortlist offerors based on stated criteria. * The City may conduct interviews with offerors during the evaluation process. * The contract includes a payment term of 10 years, with the option to renew. * The vendor will provide energy-efficient solutions, including energy audits, energy modeling, and energy monitoring. * The contract includes provisions for financing and payment terms, including the option for the City to aggregate project financials over time. * The vendor will provide a price-per-foot for investment grade audit services, space utilization assessments, and condition assessments. * The contract includes a provision for the vendor to provide shared savings payback models, where the City makes payments based on a percentage of actual savings. Some benefits of this contract include: * Reduced energy consumption and costs for the City of Tucson. * Improved energy efficiency and sustainability. * Potential for cost savings through shared savings payback models. * Opportunity for the City to aggregate project financials over time. * Provision for financing and payment terms, including the option for the City to renew the contract.