Florida A&M Selects Siemens for $12.2 Million Performance Contract
BUFFALO GROVE, Ill. — Florida A&M University (FAMU) has chosen Siemens to implement a $12.2 million performance contract that is expected to save the university approximately $1.2 million in equivalent guaranteed annual energy savings.
In 2009, FAMU engaged Siemens to deliver Phase 1 of its efficiency project, a $2.4 million performance contract that successfully introduced the university to the energy efficiency and financial benefits of this method of project delivery. Much broader in scope than Phase 1, Phase 2 aims to partially decentralize FAMU’s obsolete central steam plant heating system — an element of the overall project that is putting local contractors to work.