This training is intended to provide an understanding of the investment grade audit (IGA) for an energy savings performance contract (ESPC), focused on the municipal, university, schools and hospitals (MUSH) market, and is applicable to owner's representatives, energy managers, contracting personnel, and technical professionals. This module covers the IGA process, emphasizing the role of an owner's representative (OR) in assisting the Owner in maximizing the value of the ESCO's IGA. Key facets cover the importance of maintaining a partnering relationship with the ESCO, particularly around issues of access and prior energy studies and work, and, on the other hand, negotiating important risk management aspects of the deals, such as the ECMs' measurement and verification plans and other key risk management issues.
Upon completion of this course, attendees will be able to:
- Recognize the philosophy of, and process for, conducting a successful IGA and developing an M&V plan;
- Identify the customary OR roles/responsibilities in facilitating the IGA and developing sound energy baselines for the project's ECMs;
- Recognize the importance of risk management in parsing O&M and repair and replacement responsibilities, setting contractual utility rates, etc.; and
- Identify valuable references on these key topics
Credits for PCNRC Series
The PCNRC training certificate series was developed through a collaborative effort between FEMP, SCEP, National Labs, DOE contractors, and experts in MUSH market performance contracting. Read More