Specifications include, but are not limited to: 1. Development and Implementation of a large, off-site solar project for City of Fort Smith. Solar project shall maximize utility cost savings and carbon offsets. 2. Completion of an Investment Grade Audit (IGA) for City of Fort Smith and infrastructure to identify a comprehensive set of on-site solar and efficiency improvements to reduce and control utility expenses, reduce operational costs, improve overall comfort, and improve system efficiencies. 3. Guaranteed maximum price and guaranteed level of savings for the solar and efficiency measures identified and recommended for implementation. 4. Development and execution of a Guaranteed Savings Performance Contract to implement the efficiency project, whereby the level of savings guaranteed by the ESCO are equal to, or exceed, the cost of the project over an agreed upon term; including a measurement and verification plan to verify the performance of the implemented efficiency measures, periodic reporting and annual reconciliation of the savings achieved from the efficiency project.
