Covington Independent Public Schools hopes to saves more than $250,000 each year on utility costs as part of a new project that begins this month.
The district is embarking upon what a news release called "a major guaranteed energy savings project" that will save $256,981 in energy and maintenance costs annually.. How? Through a contract awarded to Indianapolis-based Performance Services, which was hired to improve the energy efficiency and environmental quality in all of the district's buildings.
Covington is the first district in Kentucky to utilize the new Kentucky Educational Development Cooperative (KEDC) guaranteed energy savings price contract and, through a competitive selection process, awarded the $7.9 million contract to Performance Services. Completion is set for October 2017.
The guaranteed energy savings project meets the energy, efficiency, and safety needs of the District Facility Plan approved by the Board of Education in January.
The project is designed to improve the learning environment for students, enhance maintenance and operations of facilities, and measure and verify energy savings. The largest project will take place at Ninth District School in Latonia where the existing heating, ventilation, and air conditioning (HVAC) system is over 60 years old. It will be completely replaced.
“We began to explore our options and did extensive research on guaranteed energy savings projects,” said Eric Neff, Personnel Director for Covington Independent Public Schools. “We found that the KEDC price contract delivery method provided the best bang for our buck. Unlike the traditional process used to execute energy savings projects, the price contract process demands scope details up front and transparent, open book pricing, eliminating unnecessary markups.”
A price contract is an alternative construction delivery method that is designed to provide time savings with the BG-1 process and save school districts time and money with a defined scope before contract that includes open book and specific pricing.
"These much needed improvements will provide a better learning environment for our students,’’ said Superintendent Alvin Garrison. “The renovations also demonstrate the Covington Board of Education’s commitment to not only preserving our schools, but to improving and creating a sense of belonging for our students, staff and community.’’
In addition, over 450 kW of roof-top mounted solar PV arrays will be installed at John G. Carlisle Elementary School and the Science Fieldhouse Building at the Holmes High School Campus. Energy generated by these solar PV arrays will be used to offset the electrical energy cost for these two buildings, saving the school district an estimated $65,282 a year.