Federal Energy Management and Planning Programs; Energy Savings Performance Contract Procedures and Methods

The Department of Energy gives notice of final rules establishing a five-year pilot program of energy savings performance contracts designed to accelerate investment in cost effective energy conservation measures in existing Federal buildings and thereby save taxpayer dollars. Such contracts typically provide for installation of energy conservation measures financed with private sector funds which are repaid out of the resulting energy cost savings over time. This notice covers the following topics as required by section 801 of the National Energy Conservation Policy Act (42 U.S.C. 8287): qualified contractor lists; procedures and methods to select, monitor, and terminate contracts; and substitute regulations for certain provisions in the Federal Acquisition Regulation which are inconsistent with section 801 and which can be varied consistent with their authorizing legislation.