SOEP'S MODEL ENERGY SAVINGS PERFORMANCE CONTRACT

The ESPC is for design, construction, guaranteed savings and maintenance of the measures proposed in the Final Proposal. The ESPC will be a road map for implementing and tracking the project over the term of the agreement. It must clearly define roles and responsibilities and explicitly state how savings are determined and how the savings performance guarantee will function. All Government Units are required to use SOEP's Model contract. The Government Unit may modify the model document to conform it to its own contracting rules.