In this FEMP course, students are introduced to the fundamentals of energy saving performance contracts (ESPC), an alternative financing vehicle that allows Federal agencies to complete energy-savings projects without up-front capital costs and special Congressional appropriations by partnering with an energy service company (ESCO). Learners will be introduced to ESPC basics, including key concepts, timelines, authorizing legislation, and stakeholder roles and responsibilities, as well of the five phases of the ESPC development process.
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