Energy Savings Performance Contracting

This contract is a Master Agreement for Guaranteed Energy Savings Contracts between the Chicago Park District and Ameresco, Inc. The contract aims to identify, implement, finance, and monitor energy conservation measures in facilities owned by the Chicago Park District. The contract includes provisions for investment-grade energy audits, energy assessment reports, and guaranteed energy savings contracts. The contract also outlines the responsibilities of both parties, including the provision of services, maintenance, and measurement and verification of energy and operational savings. The contract term is for a period of time beginning on the date the CPD executes the Certificate of Project Final Completion for such Project, with a payback period not to exceed ten years. Some key points of this contract include: * The Chicago Park District has the right to suspend or delay all or any part of the work under this contract. * The ESCO shall provide a minimum eighteen-month warranty on all work, parts, and equipment for the ECM's in each Facility. * The ESCO shall take into account certain requirements when performing each IGEA, including providing training in the proper operation of all ECMs for CPD in-house maintenance and trades staff. * The contract includes provisions for insurance, information, copyright, and confidentiality. Overall, this contract aims to reduce energy consumption and operating costs in facilities owned by the Chicago Park District, while also providing a framework for the implementation of energy conservation measures.