ATEM MOD 11: PROJECT DELIVERY , FINANCING & FUNDING A c c r e d - PowerPoint PPT Presentation

ATEM MOD 11: PROJECT DELIVERY , FINANCING & FUNDING A c c r e d i t e d T e x a s E n e r g y M a n a g e r

Outline ❯ Project Delivery Options ❯ Financing Options ❯ Texas LoanSTAR Program A c c re d i t e d Tex a s E n e rg y M a n a ge r

Project Delivery Options ❯ Project Delivery Options -Design-Bid -Design-Build -Performance Contracting -Other › Construction Manager at Risk, Job Order Contracting, Co-Operative Purchasing Agreements ❯ Best Delivery Option? A c c re d i t e d Tex a s E n e rg y M a n a ge r

Financing Options ❯ Internal Financing - Project funded by organization’s available operating or capital funds ❯ Debt Financing -Capital acquired through simple loans, bonds, or other debt instruments ❯ Lease or Lease Purchase Agreement -Equipment and improvements are acquired through a third party source A c c re d i t e d Tex a s E n e rg y M a n a ge r

Financing Options (cont.) ❯ Performance Contracting -Agreement between facility owner and energy service company (performance contractor) ❯ Complementary Approaches -Combining various financing and delivery options to bet fit needs A c c re d i t e d Tex a s E n e rg y M a n a ge r

Texas LoanSTAR Program ❯ Administered by State Energy Conservation Office (SECO) -Notice of Loan Funds Availability (NOLFA) -Requires response through formal application ❯ Acceptable Project Delivery Options -Design-Bid, Design-Build, Performance Contracting, & Other approved project delivery methods ❯ Funds for Energy and Water Conservation Projects -Retrofit measure -Major renovation -New construction -Typically 120 days to complete report A c c re d i t e d Tex a s E n e rg y M a n a ge r

Texas LoanSTAR Program ❯ Detailed Energy Analysis Report Required -Technical Guideline Available Online -Analyst – Qualified Professional Engineer in Texas ❯ Financing and Payback Criteria -Interest rate 2 – 3% -Overall Project Payback of 10 Years or Less -Buy-down Option A c c re d i t e d Tex a s E n e rg y M a n a ge r

Texas LoanSTAR Program ❯ Cost Avoidance -Utility rate analysis -Establishing energy costs ❯ Utility Cost Reduction Measures (UCRMs) Types -Category I, II, III, & IV ❯ SECO Review Process -Assessment report -Design phase -Construction phase -Reviews at no cost to applicant A c c re d i t e d Tex a s E n e rg y M a n a ge r

questions Ashley Williams, MCRP & ATEM ❯ Texas Energy Managers Association ❯ Director of Curriculum and Certification ❯ awilliams@texasema.org Texas Energy Managers Association ❯ www.texasema.org e n e r g y m a n a g e m e n t p r o g r a m : f u n d a m e n t a l s a n d d e v e l o p m e n t