Public Works Director Bill McTygue said there is a guaranteed savings with the contract and the Department of Public Works recommends that the city undertake all of the work as outlined in the Johnson Controls proposal.
There's a lot here to pore through, but, of course, the huge benefit here is that the project is designed to be self-funded, McTygue said.
Commissioner Matthew McCabe asked if these energy savings programs are available on new construction. Kalwara said they do have programs for new construction, however, they operate slightly different from the existing buildings. Once plans are developed for a new building, they will evaluate them for more energy savings opportunities, install additional energy savings equipment and then determine the savings to offset the cost of the equipment.
Johnson Controls is a 120-year-old company with $27 billion in revenue. It has implemented more than 1,900 energy performance contracts with more than $2.3 billion in facility performance guarantees. It is rated 71 in Fortune's top 500 companies and has implemented more than $70 million in performance projects in New York since 1997.
The detailed design of the project would be completed within four to six weeks, Kalwara said.
The project could begin in January, with actual project construction beginning in mid-February. Savings are expected to be seen shortly thereafter.""