By James P. Waltz
ISBN-10: 0824709306
ISBN-13: 9780824709303
ISBN-10: 0881732710
ISBN-13: 9780881732719
ISBN-10: 0881734519
ISBN-13: 9780881734515
Written by way of a number one professional within the box of dimension and verification, this ebook offers a really authoritative source at the ability and paintings of handling and tracking functionality shriveled power tasks. Following a quick evaluate of the elemental strategies of functionality contracting, the writer courses the reader via each point of really enforcing a profitable functionality agreement. you will discover out what can lead a undertaking to head mistaken, in addition to the way to computer screen and confirm a project's precise functionality all alongside the way in which. quite a few case stories and particular venture examples are used to obviously illustrate the strategies provided. complete in scope, and drawn from the author's years of functional adventure within the box, this ebook is vital analyzing for someone who's both already concerned with or contemplating use of functionality contracting.
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Sample text
Because this demonstration of performance contract results (the counting of the invisible “beans” if you would have it) is very nebulous at times, minor disasters occur when the unwitting or unwary building owner collides with an unscrupulous ESCO. ” Because “God (and the devil) is in the details” when it comes to performance contracting, we unalterably recommend to our clients that the entire process of performance contracting be well-managed, from the beginning to the very end. This is in contrast to what we believe is the biggest and most serious mistake being made in performance contracting at this time, which is to place too much reliance on measurement and verification, treating it as the first line of defense, and the only portion of the project requiring attentive management.
RFQ’S VS. RFP’S? One of the first questions owners should ask themselves is whether they intend to use a request for qualifications (RFQ) or a request for proposals (RFP). Requests for proposals are a fairly traditional methodology used particularly by public agencies in our experience. Unfortunately, when it comes to a performance contract, RFPs have some serious inherent drawbacks. No ESCo can afford “investment grade” feasibility studies on a speculative basis. A number of ESCo’s have done such studies in the past, but, in truth, no ESCo can actually afford the significant cost of doing an investment grade audit in a high-risk sales situation.
The parties enter into an Energy Services Agreement (ESA) which is a third-party document that both parties examine at the very beginning of the process, and is finalized following completion of the audit. • The project is designed, documented, installed and commissioned according to fairly stringent criteria in the ESA. • Ongoing measurement and verification is conducted for only a fairly short “guarantee demonstration period” (nominally 14 months) following completion of the installation so as to keep M&V costs to a minimum and to focus the concentration of both parties on making sure everything works—rather than waiting for a year or more to even check the results, which is very often the case.
Management, Measurement & Verification of Performance Contracting by James P. Waltz
by Charles
4.3