Session 4: LCCA, Measuring and Verification. Cost Effective M&V for the Department of Defense
Abstract
M&V History: (1) In the past, most USAF ESCO contracts were stipulated. This means that the USAF installation agreed that the savings were met for the 20+ year contract at the time of contract signing. The USAF then assumed all risk for achieving savings. Finding many problems with accuracy of guarantees. If savings were not met, no budget existed to make up short-fall. (2) Projects in the DoD today are often stipulated. * M&V Strategies: (1) Standard M&V methods being introduced to accelerate ESCO growth in USAF. Less review required. Faster turnaround and approval. Targeted for the "80% solution." (2) Growing pains being experienced as the USAF and ESCOs implement monitoring. M&V cost target ~5% of the savings. Saves USAF from experiencing 30%+ drop in savings.
Document Details
- Document Type
- Technical Report
- Publication Date
- Oct 07, 2003
- Accession Number
- ADA460012
Entities
People
- C. Culp
- David Claridge
- Jeff Haberl
- W. D. Turner
Organizations
- Texas A&M University