Shared Savings for Energy Efficiency Upgrades

This Master Agreement establishes an indefinite delivery vehicle for energy efficiency upgrades across correctional institutions throughout the State of Florida. The contract encompasses comprehensive energy efficiency services including engineering, design, and installation of Energy Efficiency Measures across six primary service categories: electrical systems (lighting, controls, solar, generators, and data collection), HVAC systems (chillers, boilers, air handling units, and controls), water and recycling systems, building commissioning, energy data collection hardware and software, and other approved energy efficiency measures. Under the shared savings financing model, qualified vendors develop energy efficiency proposals at no cost to the Department, with subsequent shared savings contracts negotiated upon mutual agreement. The prime contractor assumes full responsibility for all work performed, including any subcontracted services, with the Department retaining the right to add or delete services and service locations throughout the contract term.

TRANE U.S. INC. serves as the prime contractor under this Agency Term Contract (ATC-26-022) awarded by the State of Florida Department of Corrections on August 21, 2026. The contract is structured as a Master Agreement with an initial five-year term, renewable for an additional five-year period at the discretion of both parties. Performance is secured through 100% Performance Bonds and Labor and Material Payment Bonds, with firm pricing throughout the contract term and price decreases required if market changes or special sales provide cost reductions. Compensation for the contractor is derived through a portion of resulting energy cost savings, with specific financial terms and baseline energy models detailed in individual negotiated task proposals.