Common use of Summary of Articles and Total Guaranteed Savings Clause in Contracts

Summary of Articles and Total Guaranteed Savings. Article 1 Summary of Articles and Total Guaranteed Savings Article 2 Measurement and Verification Options Article 3 Performance Guarantee Period Responsibilities of CLIENT Article 4 Measurement and Verification Plan Article 5 Utility Baseline Data Article 6 Utility Rate Structures and Escalation Rates Article 7 Contracted Baseline Conditions Appendix 1 – Boiler Design Documents Section Mechanical and Electrical references see “TCC WP1 100% CDs 051316.pdf” Mechanical Specifications references see “TCC 100% Specs.pdf” Appendix 2 – Building Automation Specifications and Cut Sheets Appendix 3 – Lighting Retrofit Specifications and Cut Sheets Appendix 4 – Lighting Occupancy Sensor Specifications and Cut Sheets Appendix 5 – Water Conservation Specifications and Cut Sheets Appendix 6 – Owner Direct Purchase of Materials Information Annual Period 1 3,043,875 751 32,495 3,943 1.1 Only Annual Period 1 is shown in the table above. The energy/utility unit savings will remain constant for each Annual Period of the Performance Guarantee Period. It is assumed the CLIENT will operate the Facility in accordance with the Contracted Baseline Conditions identified in Article 7. Construction Period $ 57,849 $ - $ 57,849 Annual Period 1 $ 332,412 $ 214,173 $ 546,585 Annual Period 2 $ 342,384 $ 215,378 $ 557,763 Annual Period 3 $ 352,656 $ 216,620 $ 569,275 Annual Period 4 $ 363,236 $ 217,898 $ 581,134 Annual Period 5 $ 374,133 $ 69,215 $ 443,348 Annual Period 6 $ 385,357 $ 58,572 $ 443,928 Annual Period 7 $ 396,917 $ 47,969 $ 444,886 Annual Period 8 $ 408,825 $ 49,408 $ 458,233 Annual Period 9 $ 421,090 $ 50,890 $ 471,980 Annual Period 10 $ 433,722 $ 52,417 $ 486,139 Annual Period 11 $ 446,734 $ 53,989 $ 500,723 Annual Period 12 $ 460,136 $ 55,609 $ 515,745 Annual Period 13 $ 473,940 $ 57,277 $ 531,217 Annual Period 14 $ 488,158 $ 58,995 $ 547,154 Annual Period 15 $ 502,803 $ 60,765 $ 563,568 1.2 Table 1.2 shows the CLIENT’S guaranteed Savings in dollars for each Annual Period that are extrapolated from the guaranteed energy/utility unit Savings shown in Table 1.1 by multiplying the energy/utility Savings by the Baseline energy/utility rates including the stipulated Escalation Rates found in Article 6. 1.3 SIEMENS cannot and does not predict fluctuations in utility rates or the cost of energy. Therefore, the CLIENT and SIEMENS agree that the energy/utility cost Savings for each Annual Period will be calculated by multiplying the verified units of energy/utility Savings by the Annual Period’s stipulated energy/utility rate and Escalation Rates and not the Annual Period’s actual utility rate. 1.4 The determination of energy/utility Savings will follow current best practice, as defined in the IPMVP, or the FEMP Guidelines where required, unless otherwise agreed to by the Parties.

Summary of Articles and Total Guaranteed Savings. Article 1 Summary of Articles and Total Guaranteed Savings Article 2 Measurement and Verification Options Article 3 Performance Guarantee Period Responsibilities of CLIENT Article 4 Measurement and Verification Plan Article 5 Utility Baseline Data Article 6 Utility Rate Structures and Escalation Rates Article 7 Contracted Baseline Conditions Appendix 1 – Boiler Design Documents Section Mechanical and Electrical references see “TCC WP1 100% CDs 051316.pdf” Mechanical Specifications references see “TCC 100% Specs.pdf” Appendix 2 – Building Automation Specifications and Cut Sheets Appendix 3 – Lighting Retrofit Specifications and Cut Sheets Appendix 4 – Lighting Occupancy Sensor Specifications and Cut Sheets Appendix 5 – Water Conservation Specifications and Cut Sheets Appendix 6 – Owner Direct Purchase of Materials Information Appendix 7 – Main Campus Chiller Plant Upgrades Annual Period 1 3,043,875 751 32,495 4,278,390 10,380 34,178 3,943 1.1 Only Annual Period 1 is shown in the table above. The energy/utility unit savings will remain constant for each Annual Period of the Performance Guarantee Period. It is assumed the CLIENT will operate the Facility in accordance with the Contracted Baseline Conditions identified in Article 7. Construction Period $ 57,849 225,249 $ - $ 57,849 225,249 Annual Period 1 $ 332,412 450,379 $ 214,173 40,173 $ 546,585 490,552 Annual Period 2 $ 342,384 463,890 $ 215,378 41,378 $ 557,763 505,269 Annual Period 3 $ 352,656 477,807 $ 216,620 42,620 $ 569,275 520,427 Annual Period 4 $ 363,236 492,141 $ 217,898 43,898 $ 581,134 536,039 Annual Period 5 $ 374,133 506,906 $ 69,215 45,215 $ 443,348 552,121 Annual Period 6 $ 385,357 522,113 $ 58,572 46,572 $ 443,928 568,684 Annual Period 7 $ 396,917 537,776 $ 47,969 $ 444,886 585,745 Annual Period 8 $ 408,825 553,909 $ 49,408 $ 458,233 603,317 Annual Period 9 $ 421,090 570,527 $ 50,890 $ 471,980 621,417 Annual Period 10 $ 433,722 587,642 $ 52,417 $ 486,139 640,059 Annual Period 11 $ 446,734 605,272 $ 53,989 $ 500,723 659,261 Annual Period 12 $ 460,136 623,430 $ 55,609 $ 515,745 679,039 Annual Period 13 $ 473,940 642,133 $ 57,277 $ 531,217 699,410 Annual Period 14 $ 488,158 661,397 $ 58,995 $ 547,154 720,392 Annual Period 15 $ 502,803 681,239 $ 60,765 $ 563,568742,004 Totals $ 8,601,809 $ 747,174 $ 9,348,983 1.2 Table 1.2 shows the CLIENT’S guaranteed Savings in dollars for each Annual Period that are extrapolated from the guaranteed energy/utility unit Savings shown in Table 1.1 by multiplying the energy/utility Savings by the Baseline energy/utility rates including the stipulated Escalation Rates found in Article 6. 1.3 SIEMENS cannot and does not predict fluctuations in utility rates or the cost of energy. Therefore, the CLIENT and SIEMENS agree that the energy/utility cost Savings for each Annual Period will be calculated by multiplying the verified units of energy/utility Savings by the Annual Period’s stipulated energy/utility rate and Escalation Rates and not the Annual Period’s actual utility rate. 1.4 The determination of energy/utility Savings will follow current best practice, as defined in the IPMVP, or the FEMP Guidelines where required, unless otherwise agreed to by the Parties.