Case Study
Performance contract to save the city of Houston over $37 million
For years, the city of Houston, Texas, battled the increasing need for building repairs while facing economic uncertainty and job loss. To address these issues, the city administration partnered with the Clinton Climate Initiative’s (CCI) Building Retrofit Program in 2008 and explored performance contracting to pay for facility repairs and renovations. Guaranteed savings Schneider Electric ™ was chosen to execute the contract because of