Note: Single-source report; awaiting corroboration.
The U.S. Department of Energy's Federal Energy Management Program (FEMP) is hosting a three-day training on energy savings performance contracts (ESPCs) to help federal agencies achieve energy, water, and infrastructure modernization goals without upfront appropriations. The training provides foundational knowledge on ESPCs, including legislative and policy frameworks, contracting structure, and the benefits of performance-based financing mechanisms.
The training is divided into sessions over three days, each requiring separate registration. On the first day, participants are introduced to ESPC fundamentals, such as stakeholder roles and responsibilities, financing through energy cost savings, and an overview of acquisition planning and conservation measures. This session clarifies the structure and value of ESPCs in federal projects.
Day two covers detailed ESPC project development phases, from acquisition planning and project initiation through investment-grade audits, proposal evaluation, task order awards, and construction implementation. Topics include financing, risk allocation, and measurement and verification (M&V) processes to ensure guaranteed savings. The training also covers strategies for effective agency and Energy Service Company (ESCO) collaboration and project management.