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Energy Performance Contracting

Energy Performance Contracting is a financing mechanism used to pay for energy efficiency improvements all at once that are then paid back through annual energy savings. The CEO provides technical assistance to public agencies, helping them navigate the process and ensuring that the service providers maintain the highest levels of quality. Furthermore, the CEO actively provides education and outreach on the components of Energy Performance Contracting, maintains contract documents, and sets industry standards for our Pre-Approved Energy Service Companies. For a detailed list of how the CEO-approved process works along with a checklist of important milestones and responsibilities, please look at the Standards for Success document. If you have questions regarding the program, please e-mail the EPC Program Manager.

 

If you are a public agency that is interested in participating in the program please e-mail the EPC Program Manager. If you choose to participate you will need to sign an Memorandum of Understanding.  In addition, please review the EPC ESCO Milestone Checklist.

 

The Colorado EPC program has a very successful history and is currently ranked 4th in the Country for EPC completed by State. As of June 2013, the program has supported over 154 completed projects for a total of $330 million construction. As of June 2013, the program was supporting 22 projects for a total of $82 million in construction providing jobs throughout the state.

 

EPC Map_In Construction  

 

 

 

EPC Map_Completed  

 


For more information on State and Higher Education projects see the Offices of State Architects Annual Reports.

 
 

Picking an ESCO

 

To help you find an Energy Service Company (ESCO) for your performance contracting project, the CEO has compiled this list of pre-approved ESCOs.


Please note that although the ESCOs have been prequalified through a rigorous, competitive RFP selection process, the CEO does not, in any way, promote or underwrite any individual company. The CEO RFP selection process simply selects companies based on criteria that we feel are important to provide exemplary service to agencies that participate in the CEO Energy Performance Contracting (EPC) program. Therefore, the companies listed on this CEO pre-approved list have been found to be qualified to act as ESCOs under the CEO EPC program only. They have not been evaluated for additional services that their businesses provide and should be evaluated independently by the agency for services outside of the CEO EPC Program.


We recommend that public entities interested in an EPC follow a 
Secondary ESCO Selection Process The Cost Estimate Tool should also be used with the Secondary ESCO Selection Process, please contact the EPC Program Manager to request a copy. State agencies are required to follow the solicitation process.

 


Technical Energy Audits


We encourage entities to refer back to the Standards of Success and the Milestone Checklist throughout the TEA process. To obtain State Agency or local technical energy audit information, please go to the links below:

 

For State Agencies, Including Higher Ed  

For Counties, Municipalities and K-12 Schools 

 

                                    
 
 
 
 
 
 
 
 
    •  Cost Estimate Tool (Required for Exhibit D)
 
 
    •  Cost Estimate Tool (Required for Exhibit D)
 
 
 
 

Any edits done to the contracts should be done in strike through and can result in a delay in the review by the Attorney General's office. Contract documents should be provided to the Colorado Energy Office and Attorney General's office in word.

 


 Performance Contract

 

We encourage entities to refer back to the Standards of Success and the Milestone Checklist throughout the EPC process. To obtain State Agency or local performance contracts, please go to the links below:

 

For State Agencies, Including Higher Ed


For Counties, Municipalities and K-12 Schools

 

Energy Performance Contract

Energy Performance Contract

Financing Bid Package

Financing Bid Package

Commissioning Guidelines

Commissioning Guidelines

Measurement & Verification Guidelines

Measurement & Verification Guidelines

EPC General Conditions 

EPC General Conditions 

List of Schedules and Exhibits 

Colorado Statutes

Colorado Statutes

 

Executive Orders

 

 

 

*The CEO does not have a formal local government financing and bid package template. However, the State and Higher Ed Financing Bid Package document provides an example template that local government can reference.  
 

Office of the State Architect

 

The links below are to files on the Office of the State Architect website. They are provided here for your convenience. 

 

For State Agencies, Including Higher Ed

 

 

For Counties, Municipalities and K-12 Schools

 

Form of Performance Bond


Form of Labor and Material Payment Bond


Form of Notice of Substantial Completion


Notice of Final Acceptance


Notice of Contractor's Settlement


Certification & Affidavit Regarding Unauthorized Immigrants


Notice to Proceed


Pre-Acceptance Check List


Contractor’s Application for Payment


Emergency Field Change Order


Notice of Partial Substantial Completion


Notice to Proceed to Commence Construction Phase


Form of Change Order


Form of Amendment to Contract


Certificate for Contractor’s Payment


Schedule of Values

 

Form of Performance Bond


Form of Labor and Material Payment Bond


Form of Notice of Substantial Completion


Payment Schedule and Schedule of Values


How an ESCO Becomes Part of the Colorado Program

The CEO reviews the ESCOs on our existing list and accepts proposals for new partners regularly. The CEO is not currently reviewing applicants. The next RFP will be posted on the Colorado BIDS website. The following are some helpful documents to help prepare a potential ESCO for the upcoming application process:

 

Example Base Agreement

 

2013 RFP - ESCO Prequalification Document

 

If you have questions regarding the program, please e-mail the EPC Program Manager.

 


Additional Sources of Funding


The energy savings from a performance contract can pay for many efficiency improvements. However, to successfully implement higher capital-intensive measures, additional sources of capital may be necessary. Some possibilities include:

 

Utility company incentive programs – Your electric, gas, and water utilities may have incentive programs to help you pay for efficiency improvements. As part of the performance contracting process, your ESCO can identify and apply for efficiency incentives.

 

The Department of Local Affairs (DOLA) Energy and Mineral Impact Assistance Grant – Your ESCO can explore and apply for this potentially viable resource for no-cost grant funds. Funding cycles are open three times per year.

 

If you own a historical building check out Historical Fund GrantsHistoric Property Preservation Income Tax Credit and Vacant Commercial Building Rehabilitation Credit for Enterprise Zones.

 

If you are doing waste water treatment or hydro check out the great financing and grant resources at the Colorado Water Resources and Power Development Authority

 

EPA Water Sense - This website provides links to rebates for water efficiency projects such as toilet replacements. The CEO highly encourages integrating water efficiency into your EPC project.

 

Recharge Colorado - This website provides links to rebates, tax incentives, and other financing options for energy and water improvements throughout the state of Colorado

 

Your own funds – If you have an adequate capital budget, your own funds can be used to fully, or partially fund the cost of your investment in energy upgrades. You will effectively pay pennies on the dollar for the improvements, because the generated energy cost savings will fund all or a portion of the upgrades.