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Owner's Representative for EPC Projects

Our energy engineers and project managers provide advice and support through each step of EPC projects to minimize risk and maximize value

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REAL PROBLEMS

“We like the idea of bundling years worth of capital projects into one vehicle but are concerned about project payback and long-term financial commitments.” —Future 2KB Client

REAL SOLUTIONS

As an Owner’s Representative, our role is to leverage years of contractual, financial, and engineering experience to enhance your organization’s ability to meet sustainability and cost reduction goals. We act as an extension of your team from EPC project conception to completion, ensuring your best interests are protected and investments are fully realized 

Maximize EPC Success with an Owner’s Representative on Your Side.

LET’S GET STARTED

Gordon

Is Energy Performance Contracting a good fit for your organization?

 

Energy Performance Contracting (EPC) is a budget-neutral approach to making capital improvements that reduce energy and water use and increase operational efficiency. Facility owners partner with an energy services company (ESCO) that designs, constructs, and provides up-front financing for the project. The ‘performance contract’ through which the project is executed allows the facility owner to pay back the ESCO over time with the guaranteed future energy savings. 

 

Benefits of Energy Performance Contracting 

  • Bundle years worth of capital upgrades in a single procurement vehicle and a single vendor 
  • Reduce O&M costs with no capital outlay, project is paid for with funds that were initially allocated to utility bills. Once paid off, all energy savings are cost savings 
  • Receive a guarantee for project results and costs 
  • Achieve long-term sustainability goals 

 

Roadblocks to Successful EPC Implementation

  • Lack of familiarity with EPC contract negotiation and risks associated with pay-back performance assurances 
  • Limited staff bandwidth to track documents, schedules, protocols, payment plans and compliance standards of the fast-paced and time-dependent project 
  • Inability to verify contractor reports,  
  • ESCO voids guarantee because facility owner did not properly operate or maintain new equipment 

2KB's Owner's Representative services expand your capabilities to confidently pursue EPC projects

If your organization is new to the idea of energy savings-based contracting, we know you have a lot of questions. 2KB’s team of engineers, MBAs, and energy experts have over 40 years of experience in energy management and will guide you through all phases of the EPC project from audits to RFPs to construction management and finally project assurance to ensure your energy efficiency project is delivered on-time and on-budget to an agreed upon standard of quality.

EPCs are a great way to fund major facility upgrades but require stringent oversight and due diligence from both parties. As your owner’s representative, 2KB takes out all of the guesswork, represents your best interests, and increases your staff’s bandwidth. With full transparency in guarantee terms and pricing, your organization will achieve better results in a shorter period of time. 

2KB’s energy efficiency consultants help you through the following phases of Energy Performance Contracting:

Development & Procurement

We support the project team in developing
the RFP, coordinating Q&A, and evaluating
responses. This phase begins the project
record, and both sides will be held
accountable to methodologies and
commitments.

IGEA & Contract Negotiation

By asking the tough questions and critiquing
assumptions, we ensure that the ESCO proposed conservation measures are a good fit and can produce the projected
energy savings. More importantly, you
understand your obligations under the ESCO
guarantee.

Construction, Acceptance, and Performance

A consistent presence in the field during construction
ensures adherence to the safety plan and design
specifications. We coordinate the document flow
processes to maintain the project record and ensure
you’re getting what you’re paying for.

Let’s work together!
We’ll create an energy management strategy that’s tailored to meet your unique goals.