Ameresco wins DOE contract for federal energy efficiency
Contract allows for Ameresco to continue developing federal energy and water infrastructure projects through the U.S. DOE ESPC program
Energy efficiency firm Ameresco won an indefinite delivery indefinite quantity contract for federal energy savings performance contracts by the U.S. Department of Energy.
Ameresco is one of 21 companies awarded the $55 billion IDIQ contract to develop new energy and water savings projects for federal facilities.
The new IDIQ contract was awarded to Ameresco on April 27, 2017. The contract has a base ordering period of five years and one 18-month option period, for a total ordering period of 6.5 years if the option is exercised. The maximum contract ceiling amount of $55 billion will be shared by all contract holders.
In an announcement last week, the DOE said that it expects the new IDIQ to be used for investments resulting in federal infrastructure improvements, energy savings, and job creation. According to the DOE, 362 projects have been awarded by 25 major federal agencies since the inception of DOE IDIQ ESPCs in 1998.
Ameresco is a longstanding DOE ESPC IDIQ contract holder and has developed a number of innovative projects awarded through the contract, including the largest renewable energy ESPC for a biomass cogeneration facility at the U.S. DOE Savannah River Site and a deep energy retrofit that resulted in more than 60 percent energy savings for the U.S. General Services Administration.
Most recently, Ameresco was awarded a $91.1 million ESPC project at Marine Corps Recruit Depot Parris Island, South Carolina under the current IDIQ contract. The energy infrastructure project includes a microgrid integrating 10 megawatts of new onsite generation and a battery energy storage system.
“Increasingly, Ameresco is incorporating advanced energy technologies into ESPCs which provide energy security, resiliency and new infrastructure to federal facilities,” said Bulgarino. “These cost-effective measures provide a spectrum of benefits from reducing recurring costs to extending the operating lifespan of mechanical equipment.”
The Energy Policy Act of 1992 authorizes federal agencies to use private financing for certain project implementation through Energy Savings Performance Contracts. ESPCs allow federal agencies to procure energy savings and facility improvements with no up-front capital costs or special appropriations from Congress.