Arkansas Energy Performance Contracting Program Energy Performance Contract Department of Energy and Environment Arkansas Division of Environmental Quality – Office of Energy 5301 Northshore Drive North Little Rock, Arkansas 72118-5317 501-682-0744 www.adeq.state.ar.us/energy AEPC-EPC: Energy Performance Contract Page 1 TABLE OF CONTENTS ARTICLE 1: DEFINITIONS, SCHEDULES, EXHIBITS AND APPENDICES.............................8 SECTION 1.1. DEFINITIONS....................................................................................................................8 ARTICLE 2: PAYMENTS...................................................................................................................10 SECTION 2.1: PURCHASE AND SALE...................................................................................................10 SECTION 2.2. CONTRACTOR COMPENSATION – CONSTRUCTION PERIOD...........................................10 SECTION 2.3. COST SAVINGS GUARANTEE..........................................................................................10 SECTION 2.4. ALLOWABLE PAYMENT SOURCES..................................................................................11 SECTION 2.5. CAPITAL CONTRIBUTION FROM OWNER........................................................................11 SECTION 2.6. ANNUAL REVIEW AND REIMBURSEMENT/RECONCILIATION.........................................11 SECTION 2.7. MEASUREMENT INFORMATION PROCEDURE..................................................................11 SECTION 2.8. M&V FEE......................................................................................................................11 SECTION 2.9. LATE PAYMENT.............................................................................................................12 ARTICLE 3: UTILITY AND OTHER AWARD PAYMENTS.......................................................12 SECTION 3.1. AWARD PAYMENTS........................................................................................................12 ARTICLE 4: TIME FOR COMPLETION; COMMENCEMENT DATE; TERM OF CONTRACT..........................................................................................................................................12 SECTION 4.1. CONSTRUCTION COMMENCEMENT DATE AND TIME FOR COMPLETION OF WORK.......12 SECTION 4.2. PERFORMANCE COMMENCEMENT DATE........................................................................12 SECTION 4.3. PERFORMANCE TERM OF CONTRACT.............................................................................13 ARTICLE 5: ENERGY USAGE RECORDS AND DATA...............................................................13 SECTION 5.1. ENERGY USAGE RECORDS AND DATA...........................................................................13 ARTICLE 6: CONSTRUCTION AND INSTALLATION BY CONTRACTOR...........................13 SECTION 6.1.PERMITS AND APPROVALS..............................................................................................13 SECTION 6.2. CONTRACTOR’S DUTY OF PROPER INSTALLATION........................................................13 SECTION 6.3. USE OF STATED PROJECT PERCENTAGES.......................................................................14 SECTION 6.4. OPEN BOOK PRICING....................................................................................................14 SECTION 6.5. ADMINISTRATION...........................................................................................................14 ARTICLE 7: ENVIRONMENTAL REQUIREMENTS...................................................................14 SECTION 7.1. EXCLUDED MATERIAL AND ACTIVITIES........................................................................15 SECTION 7.2. POLYCHLORINATED BIPHENYL (PCB) BALLASTS; MERCURY LAMPS..........................15 ARTICLE 8: ACCEPTANCE TESTING...........................................................................................16 SECTION 8.1. MODIFICATION OF SCHEDULES......................................................................................16 SECTION 8.2. SYSTEMS STARTUP AND EQUIPMENT COMMISSIONING.................................................16 ARTICLE 9: OWNERSHIP................................................................................................................16 SECTION 9.1. OWNERSHIP OF CERTAIN PROPRIETARY PROPERTY RIGHTS.........................................16 SECTION 9.2. OWNERSHIP OF DOCUMENTS......................

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