Title
Phase 2 Village Facilities Energy Savings Contract with CTS Group - Contract Lighting Addendum
History
On February 5, 2018, the Village Board approved the Phase II Village Facilities Energy Savings Contract with CTS Group. CTS Group presented a brief overview of Phase 2 Village Facilities Energy Savings. During the discussion, the Board requested a more detailed evaluation of converting the existing T-12 fluorescent bulbs to the T-8 bulbs versus LED bulbs.
CTS Group compiled and reviewed the energy and maintenance savings cost with staff. The additional evaluation showed that the LED conversion provides better long-term cost savings when compared to the short-term cost savings for T-8’s. Some of the items considered include future T-8 bulb availability, electricity savings, LED lifespan, future maintenance costs, etc. In addition, incentives for LED conversion are anticipated to be $20,945, compared to only $7,005 for T-8 bulbs.
CTS Group has provided an addendum (attached) to the Phase 2 Energy Savings Contract for the upgrade of T-12 fixtures to LED fixtures in an amount of $96,414. The original contract amount which included upgrades from T-12 to T-8 fixtures totaled $634,253. The new total contract amount for Phase 2 Village Facilities Energy Savings Contract will total $730,667.
This item is going directly to Board.
Financial Impact
Funding for this work is available from the FY2018 Capital Operating budget account #010-1700-443100.
Recommended Action/Motion
I move to approve the Addendum to the Guaranteed Energy Savings Phase II Contract with CTS Group of Chicago, Illinois in the amount of $96,414 for the LED upgrade of facility lighting for a total contract amount not-to-exceed $730,667.