University of Georgia - Guaranteed Energy Savings Performance Contract (GESPC) 2024

The University of Georgia, part of the University System of Georgia, is seeking qualifications from Energy Services Companies (ESCOs) for a Guaranteed Energy Savings Performance Contract (GESPC) project. The selected ESCO will be required to conduct an investment grade audit, identify and engineer approved energy conservation measures, and provide financing options to improve designated UGA facilities. The goal is to achieve guaranteed energy, operational, maintenance, and capital cost avoidance savings, as well as new revenue sources, through the implementation of the selected measures. The RFP outlines the evaluation criteria, which focuses on the ESCO's qualifications, experience, and the quality of their proposal and oral interview. A mandatory pre-proposal conference and site visit will be held on May 3, 2024, and proposals are due by May 23, 2024. The contract term will be determined during the investment grade audit process, but Georgia law requires the guaranteed savings to meet or exceed the cost of the measures within a 20-year period.

The GESPC opportunity is open to ESCOs prequalified by the Georgia Environmental Finance Authority (GEFA). No specific set-aside designations or restrictions on the type of organization were provided. The shortlisted firms for the current procurement are CMTA, SIEMENS, and TRANE. The RFP and associated documents do not mention any incumbent vendors, current contractors, or required technology integrations. The budget or potential award value for this GESPC project was also not disclosed in the provided information.