Contractors Seeing Work from Government Focus on Energy Savings

As the federal government promotes energy efficiency but faces declining budgets, contractors are expecting a greater focus on contracts that reward them based on the energy savings they provide. Arlington-based Siemens Government Technologies is seeing plenty of work through what's known as energy savings performance contracts. The company recently won a $16.8 million task order with the Army that will pay for installing a solar photovoltaic power generating system at White Sands Missile Range, N.M. Under the terms of the contract, Siemens guarantees a certain level of energy efficiency, the savings from which go toward paying for the new systems. The structure of the contract is useful, given the government's tightening purse strings, said Judy Marks, president and chief executive of Siemens Government Technologies. "So many companies right now ... do have cash on their ...

Full article: http://greensource.construction.com/yb/gs/article.aspx?st...

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