Govpro.com features Florida A & M - Siemens Phase 2 performance contract
Performance contract delivers energy savings
Tuesday, June 12, 2012
Tallahassee, Fla.-based Florida A&M University (FAMU) has signed a $12.2 million performance contract that will save the historically black college and university (HBCU) about $1.2 million in equivalent guaranteed annual energy savings. The school chose Buffalo Grove, Ill.-based Siemens to implement the contract. In 2009, FAMU contracted with the company on a $2.4 million project that introduced the energy efficiency and financial benefits of performance contracting to the school.