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Up to $55 billion available in energy savings performance contracts

Ben Welter - Friday, April 03, 2015

The Department of Energy is seeking proposals for the implementation of energy savings performance contracts at any U.S. government site worldwide. Up to $55 billion is available, spread across 12 "indefinite delivery, indefinite quantity" contracts. Thermal energy storage is among the project categories. Reed Smith offers an excellent overview of the opportunity:

"Although bidding is limited to energy service companies ... this is still a great opportunity for teaming and/or subcontracting and financing some of the most innovative projects of this decade. With smaller government spending and more focus on holding contractors accountable, DOE’s ESPC program may be a blueprint for government contractors moving forward."

http://www.reedsmith.com/DOEs-New-55-Billion-ESPC-Solicitation-03-31-2015/

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