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r- MINNESOTA <br /> . GUARANTEED ENERGY orvsi`,COMMQRpS <br /> or-4 .s SAVINGS PROGRAM p= <br /> S�uRCE It <br /> What is Performance Contracting? <br /> Energy Savings Performance Contracting BEFORE AFTER <br /> (ESPC) is a performance-based procurement IMPROVEMENTS IMPROVEMENTS <br /> and financing mechanism that leverages <br /> MAINTENANCE MAINTENANCE <br /> maintenance, operations, and utilities COSTS COSTS <br /> savings achieved through the installation of <br /> energy efficiency and renewable energy <br /> measures, to finance the cost of the facility <br /> ENERGY <br /> retrofit and renewal project, with no SAVINGS COSTS <br /> bonding or raising taxes. COSTSY REPAY <br /> WORK <br /> What is the Guaranteed Energy Savings Program? <br /> The Guaranteed Energy Savings Program (GESP) promotes awareness and <br /> implementation of energy efficient and renewable energy measures in public facilities <br /> to provide millions of dollars in annual energy savings in Minnesota. To do this, GESP <br /> supports you every step of the way. GESP can help you: <br /> • Solicit and award site-specific requests for proposals from pre-qualified Energy Service <br /> Companies (ESCOs) to perform Energy Savings Performance Contracting (ESPC) services <br /> • Evaluate the technical and financial feasibility of ESCO proposals <br /> • Negotiate and award work order contracts to pre-qualified ESCOs under the GESP Master Contract <br /> to implement energy conservation measures <br /> • Offer project management oversight of ESPC projects <br /> • Provide technical assistance to ensure the ESPC Measurement and Verification Plan is properly <br /> performed throughout the performance period of the contract <br /> Reduce Renew Achieve Learn more <br /> GESP on reverse <br /> Benefits ' Energy Use • Facilities • Job Creation <br /> • O&M Costs 11 • Comfort & Health • Renewables <br />