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College Signs $6.77 Million Energy Contract

June 26, 2000
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Broward Community College, Broward County, FL, and Siemens signed a 10-year Performance Contract (PC) for more than $6.77 million toward facility improvements.

This is the second phase of a master plan to reduce energy consumption while addressing the operational and maintenance needs of all four campuses (North, Central, South, and Downtown).

Siemens will apply thermal energy storage measures to three of the four campuses, as well as the construction of new chiller plants at both the central and downtown campuses.

Completed in early 1998, Phase I of the plan totaled $3.2 million in improvements, which made Broward the first community college in the state of Florida to enter into a PC. Under the PC concept, the costs for improving an institution’s facilities and infrastructure are funded directly out of the project’s energy and operating savings.

Willis N. Holcombe, president of Broward Community College, says the performance results of Phase I provided the evidence the college’s management needed to move forward with Phase II.

“We have made major strides in improving the quality of our educational environment while realizing substantial operating savings, without capital outlay,” he says.

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