Guaranteed Performance Contract enables unique financing solution for district - wide upgrades; improves classroom environment;
Guaranteed Performance Contract enables unique financing solution for district - wide upgrades; improves classroom environment;
2 PagesGuaranteed Performance Contract enables unique financing solution for district- wide upgrades; improves classroom environment; projected to drop utility costs from $2.00/sq ft to $1.23/sq ft, resulting in first-year savings of $319,467 and $5,667,182 over term of the contract. LENOIR CITY SCHOOLS LENOIR CITY, TENNESSEE Project Highlights Challenge ? Limited capital budget ? High utility costs ? Aging infrastructure Solution ? Guaranteed Performance Contracting ? District-wide upgrades: HVAC, LED lighting, Tracer® EnsembleTM building management system, weatherization, and low-flow plumbing Results ? Guaranteed utility savings of $319,467 ? Improved classroom environment ? Enhanced comfort Challenge With a limited budget to address capital needs, Lenoir City Scho
