State Benefits. Projects may have one or more of the following positive impacts to the State and its citizens: a. utility and operational cost savings to the State due to efficiencies created by Improvements made to Covered Facilities; b. avoidance of costly operation and maintenance services, Infrastructure Savings and deferred maintenance expenses of the State with respect to Covered Facilities; c. improved functionality and reliability of receipt of Thermal Services to and within Covered Facilities; and d. design and construction of Improvements that provide energy cost reductions, operational cost reductions, load reductions and/or equipment upgrades or replacements to Covered Facilities.
Appears in 2 contracts
Sources: Cooperative Endeavor Agreement, Cooperative Endeavor Agreement