KENTUCKY STATE UNIVERSITY Board of Regents

DATE:June 7, 2018
SUBJ ECT:Initiation of Energy Performance Contract
FROM:Office of Finance and Administration
ACTION ITEM:Yes

BACKGROUND: The University currently has a number of buildings with serious mechanical issues relating to heating, ventilation, and air conditioning systems. While the boiler replacement project addressed some of the central infrastructure issues, it did not extend into the buildings themselves. There are also a number of issues with building specific systems such as lighting, domestic hot water, and windows.

The Finance and Administration Cabinet has recommended that the University initiate a guaranteed energy performance management contract. These types on contracts improve energy efficiency by replacing outdated systems with more modern, efficient systems. Typical improvements are lighting, HVAC, boiler systems, building control systems, and in some cases windows.

Improvements are funded through the utility savings generated by the improvements. The contract is guaranteed to be funded through savings and there is no net ongoing cost to the University.

SUMMARY OF PROGRAMS/ ACTIVITIES: The University will initiate a performance contracting process with the Finance and Administration Cabinet. Projected timetable is as follows:

Mid-June 2018 - Release RFP

Late June 2018 – Walkthrough with potential vendors.

Mid-July 2018 – Oral presentations from vendors – Select vendor.

Early August 2018 – Begin energy and facility audit.