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Creating a Contract for Success.

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Title: Creating a Contract for Success.
Authors: PIERCE, ADAM1
Source: ASHRAE Journal. May2017, Vol. 59 Issue 5, p46-56. 6p.
Subjects: Heating & ventilation of school buildings, Energy consumption, Heating & ventilation industry, Debt service, School districts
Abstract: A Kentucky school plagued with severe operational and indoor environmental issues paid hundreds of thousands of dollars in O&M expenses over 10 years for temporary solutions. The even bigger problem? The school district didn't have the available capital funding to replace the HVAC system. Traditional funding revenues were already committed to other school facility debt. So, the school district entered into a guaranteed energy savings contract to fund the new system. Money saved from reduced energy and O&M is reallocated to cover the debt service. [ABSTRACT FROM AUTHOR]
Copyright of ASHRAE Journal is the property of ASHRAE and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Engineering Source
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  Data: A Kentucky school plagued with severe operational and indoor environmental issues paid hundreds of thousands of dollars in O&M expenses over 10 years for temporary solutions. The even bigger problem? The school district didn't have the available capital funding to replace the HVAC system. Traditional funding revenues were already committed to other school facility debt. So, the school district entered into a guaranteed energy savings contract to fund the new system. Money saved from reduced energy and O&M is reallocated to cover the debt service. [ABSTRACT FROM AUTHOR]
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  Data: <i>Copyright of ASHRAE Journal is the property of ASHRAE and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
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        Text: English
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      – SubjectFull: Heating & ventilation of school buildings
        Type: general
      – SubjectFull: Energy consumption
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      – SubjectFull: Heating & ventilation industry
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      – SubjectFull: Debt service
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