Energy Savings Performance Contracting
On Demand Training
It's not contracting business as usual! Learn about one of the Government's premier tools to finance facility energy improvements. Energy Savings Performance Contracting (ESPC) is a contracting vehicle that allows federal agencies to accomplish energy projects for their facilities without depending on appropriations to pay for the improvements. An ESPC project is a partnership between the customer (a government organization) and an energy service company (ESCO).
This course is primarily intended for federal contracting and procurement officials, however, federal energy/facility managers would also benefit from understanding third-party financing options for energy and energy-related building improvements.
Upon completing this course, you will be able to:
- explain the ESPC authority as a third-party financing tool for energy and cost savings at federal agencies;
- describe the agency and contractor partnership and flow of money;
- explain key points of the Energy Independence and Security Act (EISA) of 2007 related to ESPC;
- describe the key points of 10 CFR Part 436 as it relates to ESPC regulations;
- illustrate the application of innovative technologies and ESPC;
- describe the project planning activities that will set the stage for a successful ESPC project;
- describe the importance of an agency issuing the Notice of Intent to Award (NOITA);
- recognize why the Risk, Responsibility, and Performance Matrix is a unique document that provides a summary of key contract elements related to risks and/or responsibilities that can be assigned to the ESCO or agency or shared;
- describe why an agency needs Measurement and Verification (M&V) and why here is so much focus on M&V;
- identify the many factors affecting energy use besides the energy conservation measures from the ESPC Project;
- identify the major elements of the final project proposal;
- explain the importance of the task order RFP and why it is a departure from standard contracting
- compare and contrast the IDIQ contract and the task order;
- evaluate the cost elements of ESPC projects and the five task order financial schedules where the contractor will present their final price proposal;
- list the agency's allowable sources of savings in ESPC projects;
- analyze the five task order financial schedules where the contractor will present their final price proposal;
- discuss how ESPC projects are financed and what constitutes a good deal for the government;
- discuss which payment components in ESPCs are financed;
- identify strategies for agencies to review a contractor?s pricing in the final proposal;
- describe the process for getting acceptance of completed project installation; and
- identify the agency and contractor responsibilities in the performance period that ensure the savings guarantees are met.
This e-learning course is hosted on the Whole Building Design Guide (WBDG) learning management system. To take the course, click the Start button below. Then log into the WBDG system to launch the course and take the multiple choice assessment. Students will earn .90 IACET CEUs upon successful completion of the course and assessment.
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For assistance, please contact Beverly Dyer, FEMP training lead, at Beverly.firstname.lastname@example.org or at 202-586-7753.
You might also be interested in the following course(s):
The course is intended to provide students with a thorough understanding of the key issues in Energy Savings Performance Contracts (ESPCs) Measurement and Verification (M&V) so that they can negotiate for better M&V in their projects.
This new advanced workshop will examine strategies and methods used by experienced contracting officers and their technical teams from project development to contract award and post-acceptance.