FOR Other Functions GSA R2 2016 NYC Espc Project for 10 Federal Buildings. the Project Consists of the Installation of 98 Energy and Water Conservation Measures Totaling a Construction Investment Value of $113,161,454 AT the Jacob Javits Federal Building, the U.S, Court of International Trade, the TED Weiss Federal Building, the Alexander Hamilton U.S. Customs House, the Daniel P. Moynihan Federal Courthouse, the Varick Street Federal Building, the Ronald Brown U.S. Mission to the United Nations Building, the Theodore Roosevelt Courthouse, the Emmanuel Celler Courthouse, the Conrad Duberstein Federal Courthouse and the Charles Brieant Federal Courthouse. These Improvements ARE Proposed to BE Privately Financed by Trane for 18 Years AT an Interest Rate of 3.44%, and ARE to BE Paid From Energy Savings Guaranteed Each Year Over the 18-Year Loan Term. the Total Cost of This Contract to the Government Will BE $180,619,943 Over the 18-Year Loan Term
Contract Overview
Contract Amount: $79,676,344 ($79.7M)
Contractor: Trane U.S. Inc.
Awarding Agency: General Services Administration
Start Date: 2016-04-20
End Date: 2036-06-30
Official Description: IGF::OT::IGF FOR OTHER FUNCTIONS GSA R2 2016 NYC ESPC PROJECT FOR 10 FEDERAL BUILDINGS. THE PROJECT CONSISTS OF THE INSTALLATION OF 98 ENERGY AND WATER CONSERVATION MEASURES TOTALING A CONSTRUCTION INVESTMENT VALUE OF $113,161,454 AT THE JACOB JAVITS FEDERAL BUILDING, THE U.S, COURT OF INTERNATIONAL TRADE, THE TED WEISS FEDERAL BUILDING, THE ALEXANDER HAMILTON U.S. CUSTOMS HOUSE, THE DANIEL P. MOYNIHAN FEDERAL COURTHOUSE, THE VARICK STREET FEDERAL BUILDING, THE RONALD BROWN U.S. MISSION TO THE UNITED NATIONS BUILDING, THE THEODORE ROOSEVELT COURTHOUSE, THE EMMANUEL CELLER COURTHOUSE, THE CONRAD DUBERSTEIN FEDERAL COURTHOUSE AND THE CHARLES BRIEANT FEDERAL COURTHOUSE. THESE IMPROVEMENTS ARE PROPOSED TO BE PRIVATELY FINANCED BY TRANE FOR 18 YEARS AT AN INTEREST RATE OF 3.44%, AND ARE TO BE PAID FROM ENERGY SAVINGS GUARANTEED EACH YEAR OVER THE 18-YEAR LOAN TERM. THE TOTAL COST OF THIS CONTRACT TO THE GOVERNMENT WILL BE $180,619,943 OVER THE 18-YEAR LOAN TERM.