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EECBG Activity Worksheet Grantee: County of Hawaii Date: 06/25/2009 DUNS 94636073 Program Contact Email: wrolston@co.hawaii.hi.us Program Contact First Name: Will Last Name: Rolston Project Title: Act.4 - County of Hawaii Financing Package for Energy Efficiency & Renewable Energy Projects Activity: 2. Technical Consultant Services If Other: Sector: Public If Other: Proposed Number of Jobs Created: 1.00 Proposed Number of Jobs Retained: Proposed Energy Saved and/or Renewable Energy Generated: 30,068 million source BTU Proposed GHG Emissions Reduced (C02 Equivalents): 2,357.000 Proposed Funds Leveraged: $54,248.00 Proposed EECBG Budget: 50, 000.00 Projected Costs Within Budget: Administration: Revolving Loans: Subgrants: Project Contact First Name: will Last Name: Rolston Email: wrolstoneco.hawaii.hi.us MetrlcActivity: Financial Incentives: E Efficiency & Covered Investments If Other: Project Summary: (limit summary to space provided) The County will use $50,000 in EECBG funds to contract for the delivery of a comprehensive Financing Package that recommends appropriate funding mechanisms for County energy efficiency (EE)and renewable energy (RE) capital improvement projects. The County of Hawaii is leveraging a portion of the annual salary and benefits package for the Department of Research and Development's Program Specialist, who will manage the project. The initiative's overall goal is to provide the key financial analyses that will allow the County to maximize the reduction in energy use and expenditures for specific buildings and facilities, while maximizing environmental benefits. The technical consultant will deliver a comprehensive package that:. (1) Provides the necessary analyses of energy system cost factors and related financial information to support the County's decision-making as to the most appropriate financing vehicle, be it a QECB or other type of bond float, third party contract for services or. other funding vehicle(s); (2) Provides completed and ready-to-submit financial packages where applicable; (3) Provides the framework for a County of Hawaii Reinvestment Program through which one-half of all energy savings generated from the deployment of new RE and EE systems will fund additional RE and EE improvements for-the remaining county facilities. Total savings and reinvestment is estimated to be in the millions of dollars, an amount of leverage as yet incalculable. Contractor Procurement:The County will bid for services by utilizing the State of Hawaii's Procurement Code procedures as detailed in the Hawaii Revised Statutes. This will include posting advertisements locally and nationally, as may be required, to request proposals that meet the specific scope of work. Subsequent to the selection of a qualified contractor, a contract will be issued along with notice to proceed. Qualifications: The selected contractor will have credentials and experience in structuring and funding RE and EE projects, municipal bond analysis and financing. This Financing Package activity is Phase II of the County's four phase process to retrofit all possible County buildings and facilities with RE or EE systems and will complement and build upon Phase I summarized below: Phase I: Energy Audit of County Buildings and Facilities; a local contractor will begin conducting audits by June 30, 2009. When completed, a building profile, description of current energy use, recommended retrofits and general cost estimates will be delivered to the County. Phase II: The Financing Package will will initiate the funding process for the recommendations made in Phase I. Phase III: Bidding and contracting for funded improvements will begin. Phase IV: Implementation of the Energy Reinvestment Program designed during Phase II. Activity Time Line: The contract term will be 12-months. The Scope of Work relies on the outcomes of Phase I already underway, and on the County Green Team's work in the Government Operations Energy Sustainability Management System Technical Assistance Program activity. The overall project time line is two years to allow for evaluation of the project's effectiveness. Evaluation: The County will evaluate the success of the Financing Package based upon its ability to secure appropriate funding for RE and EE systems within two years. Additionally, the evaluation will continue over a period of years following the close of Phase II with respect to the success of Phase IV, which is implementation of the initiative to reinvest up to one-half of energy savings back into additional RE and EE systems. if you are proposing'more than one activity, save this file as many times as needed with successive page numbers. For example: "OH-CITY-Columbus- Project Activity page l.pdf," "OH--CITY-Columbus-Project Activity page 2.pdf,"and continue as needed.