PennSEF furnishes a common documents platform that includes a request for proposal (RFP), a guaranteed savings agreement (GSA), a program agreement, and a monitoring and verification (M&V) reporting schedule.
Key features are:
- Pre-qualification of local and national energy service companies (ESCOs) through a rigorously evaluated RFQ process
- Standardized documentation that facilitates pooled financing—which lowers costs for all participants
- Guaranteed Savings Agreements (GSAs), which are transparent construction contracts with a strong guarantee and detailed monitoring and verification (M&V) plans
- Detailed construction, engineering, and savings performance reporting schedules in accordance with PennSEF requirements in the Program’s GSA
- Separate Program lease agreement templates for governmental and non-profit entities which comply with Commonwealth of Pennsylvania law and save Participants the cost of drafting these contracts
- Performance guarantees based on energy and water savings alone—operational savings,deferred maintenance are a bonus
- FREE’s legal, financial and technical experts assist throughout the negotiation process
Lease for NGOÂ PDF