Energy Monitoring. Energy monitoring services shall be performed by the Qualified Provider as described in this Guarantee. The Guarantee is void if the Owner ceases paying the Energy Monitoring Fees identified below. The annual Energy Monitoring Fees shall be paid semi-annually in advance. Year Price 1 Included 2 $4,200 3 $4,200 4 $4,200 5 $4,200 6 $4,200 7 $4,200 8 $4,200 9 $4,200 10 $4,200 The Owner has the right to request that the Qualified Provider change the scope of this Guarantee at the end of each Current Year to reduce monitoring/reporting labor and its associated costs.
Energy Monitoring. Energy monitoring services shall be performed by the Qualified Provider as described in this Guarantee. The Guarantee is void if the Owner ceases paying the Energy Monitoring Fees identified below. The annual Energy Monitoring Fees shall be paid semi-annually in advance. Year Price 2 See Fee Schedule A 3 See Fee Schedule A 4 See Fee Schedule A 5 See Fee Schedule A 6 See Fee Schedule A 7 See Fee Schedule A 8 See Fee Schedule A 9 See Fee Schedule A 10 See Fee Schedule A The Owner has the right to request that the Qualified Provider change the scope of this Guarantee at the end of each Current Year to reduce monitoring/reporting labor and its associated costs.
Energy Monitoring. Energy monitoring services shall be performed by the Qualified Provider as described in this Guarantee. The Guarantee is void if the Owner ceases paying the Energy Monitoring Fees identified below. The annual Energy Monitoring Fees shall be paid semi‐annually in advance. Year Price 1 Included 2 $1,200 3 $1,200 4 $1,200 5 $1,200 6 $1,200 7 $1,200 8 $1,200 9 $1,200 10 $1,200 Proposal, Contract and Guarantee. If the Owner fails to operate the equipment/systems as described herein and such failure results in reduced energy savings, then Calculated Savings shall be adjusted to the benefit of the Qualified Provider to offset lost energy savings caused by such failures by the Owner as described above. A guarantee bond to insure the faithful performance of the Guarantee is only required for portions of the Annual Guaranteed Energy Savings Amount that are not stipulated savings. The calculations contained within this Guarantee and any M&V Plan which may be incorporated in the Contract shall be used exclusively in calculating savings over the Program Term. No additional M&V methods shall be used in determining the performance of this Guarantee related to energy or operational savings, unless agreed to in writing by both the Owner and Qualified Provider. By signing below, the Owner and Qualified Provider are fully accepting this Guarantee and all of its provisions, requirements, calculations, amounts and conditions. CUSD#200 Printed Name Title Signature Date Performance Services, Inc. Xxxxx Xxxxxx Printed Name General Manager ‐ Illinois Title Signature
Energy Monitoring. Energy monitoring services shall be performed by the Provider as described in this Guarantee. The Guarantee is void if the Owner ceases paying the Energy Monitoring fees identified below. The annual Energy Monitoring fees are shown below and shall be paid annually in advance. Year Price Other Requirements The Owner agrees to maintain the physical plant and all existing equipment / systems affecting energy efficiency such that the condition of the existing equipment / systems during the term of Guarantee is at least equal to their condition at the completion of this Contract. The Owner also agrees to properly maintain all new and existing equipment and operate all of the new and existing systems as described in the Proposal, Installation Contract and Guarantee. If the Owner fails to operate his equipment / systems as described herein and it results in reduced energy or operational savings, then actual energy or operational savings shall be adjusted to the benefit of the Provider to offset lost energy savings caused by such failures by the Owner. A performance bond to insure the faithful performance of the Guarantee is only required for portions of the guaranteed savings that are at risk of not being achieved, non-stipulated savings, herein called Variable Savings. A Variable Savings Bond as described in the Installation Contract shall be provided for Variable Energy Savings ($124,412), but not for Stipulated Savings ($5,643). The calculations contained within this Guarantee shall be used exclusively in determining the actual savings over the term of the Guarantee. No additional monitoring or verification methods shall be used in determining the performance of this Guarantee related to energy or operational savings, unless agreed to in writing by both the Owner and Provider. By signing below, the Owner and Provider are fully accepting this Guarantee and all of its provisions, requirements, calculations, amounts and conditions. Schedule B
