Federal performance contracting mandates require agencies to evaluate their facilities, identify potential savings, and appropriately leverage both private and public sector funding to invest in comprehensive projects. This course introduces learners to best practices for establishing partnerships with energy services companies through Energy Savings Performance Contracts (ESPCs) to meet this challenge.
Learners will be introduced to energy savings performance contracting, including primary concepts, timelines, authorizing legislation, and stakeholder roles and responsibilities, as well key documents and processes related to the five phases of the ESPC development process:
- Phase 1: Acquisition Planning
- Phase 2: ESCO Selection and Preliminary Assessment
- Phase 3: Pre-Award Project Development
- Phase 4: Project Implementation
- Phase 5: Post-Acceptance Performance Period
Learning Objectives
Upon completing this course, you will understand:
- Basics of an ESPC, including definitions, scope, authorizing legislation, financing arrangements, team roles, and key contracting documents;
- The Five Phases of ESPC development: from team-building and acquisition planning to the project acceptance and close-out;
- The role of the Risk, Responsibility, and Performance Matrix in summarizing and assigning risks and/or responsibilities to the ESCO, agency, or both;
- The importance of measurements and verification (M&V) to a successful project, including M&V concepts, how guarantees are met, and the definition of savings; and
- Strategies for reviewing the ESCO's final proposal, including the technical proposal, Task Order financial schedules, project financing, and pricing.
Students who are seeking eight (8) DAU/FAU Continuous Learning Points (CLP) for participating in the ESPC course following the successful completion of the course modules and a multiple-choice assessment should take the course at the Defense Acquisition University.