ABM to Save the City of Temple Terrace Approximately $1.5 Million
June 28 2016 - 3:30PM
ABM (NYSE:ABM), a leading provider of facility solutions, has
signed an agreement to implement comprehensive infrastructure
improvements through ABM’s energy performance contracting program
for the City of Temple Terrace in Florida. ABM’s customized
solution will provide energy efficiency upgrades and facility
enhancements to eight public buildings within the City and is
guaranteed to save more than $1.46 million in energy and operating
costs over a 15-year period. Project work began April 2016 and is
scheduled to be completed October 2016.
ABM’s energy performance contracting program is
designed as a financial mechanism to meet clients’ technical
facility needs and sustainability goals. For ABM, the goal is to
drive costs out of a client’s operating budget, allowing savings to
be reallocated to fund mission critical facility needs.
In the case of the City of Temple Terrace, ABM
worked closely with city leaders to determine infrastructure needs,
financial challenges and sustainability goals. Together they
developed a financial program using the City’s Community Investment
Tax funds to procure more than $3 million worth of much-needed
infrastructure improvements. By investing this money into
energy-efficient upgrades, the City is creating energy and
operations savings that will be used to help finance the upgrades
without requiring additional taxpayer burden. These savings will
also provide relief to the City’s General Fund for many years to
come. Plus, the annual amount of the program’s energy savings,
averaging more than $95,000 per year, will be monitored by ABM over
the 15 years of the contract to ensure the full amount is received.
ABM estimates that the operational savings, gained from reduced
maintenance, emergency repair and replacement costs, will amount to
more than $100,000 per year on top of the energy savings.
Watch this video to discover how ABM is
providing facility and financial solutions to local
governments.
To develop this solution for Temple Terrace, ABM
conducted an extensive audit of the City’s public buildings. The
audit revealed that 57 percent of the HVAC equipment surveyed was
15 years old or older with several units showing signs of
deterioration. With a detailed list of the City’s assets, their
conditions and expenses, ABM was able to create an extensive
project plan and financial solution to improve energy efficiency,
reduce carbon emissions and boost operations savings by upgrading
HVAC equipment, adding state-of-the-art HVAC controls, installing
energy-efficient LED lighting, fortifying building envelopes and
more.
Click here to see a visual of the facility
enhancements planned for each of the eight public buildings
included in the project.
Below are just a few highlights of the project,
which includes improvements for City Hall, Fire Stations No. 1 and
No. 2, Temple Terrace Family Recreation Complex, Temple Terrace
Public Library, Public Works, Omar K. Lightfoot Senior Recreation
Center, and Whiteway Water Treatment Plant & Well Field.
- Installed 45 new HVAC units, which equates to 240 tons of
cooling capacity.
- Upgraded 1,600 lights to energy-efficient, long-lasting LED
lighting.
- Replaced leaking City Hall windows with impact-resistant,
energy-efficient windows.
Supporting Quotes “ABM is
excited to help the City of Temple Terrace improve the indoor
comfort, lighting quality and indoor air quality of its public
buildings and stabilize its annual operations budget. By investing
in energy-efficiency technology, not only is the City able to free
up funds to be reinvested in the community, but it is also helping
to make more efficient use of taxpayer dollars,” said Scott
Giacobbe, President of ABM Building & Energy
Solutions.
“Mayor Frank M. Chillura and members of the
Temple Terrace City Council have thrown their support behind the
project, recognizing the benefits and savings that will accrue over
the next 15 years,” said Michael Dunn, Public Information Officer
for the City of Temple Terrace.
Related
- ABM to Reduce Southern California Federal Buildings' Energy and
Operating Costs by Nearly $50 Million.
- Article: Energizing Historic Georgetown with Efficiency
Upgrades
- ABM Energy Blog: Top 5 Energy Efficiency Trends to Track in
2016.
Connect with ABM
- Join ABM on LinkedIn
- Follow ABM on Twitter
- Visit ABM’s Sustainability Blog
- Join ABM on Facebook
- Join ABM on Google+
Click to Tweet: ABM to save the City of Temple Terrace almost
$1.5M with Bundled Energy Solutions program: bit.ly/1MGLkRU
ABOUT ABM
ABM (NYSE:ABM) is a leading provider of facility
solutions with revenues of approximately $4.9 billion and over
100,000 employees in 300+ offices throughout the United States and
various international locations. ABM’s comprehensive capabilities
include electrical & lighting, energy solutions, facilities
engineering, HVAC & mechanical, janitorial, landscape &
turf, mission critical solutions and parking, provided through
stand-alone or integrated solutions. ABM provides custom facility
solutions in urban, suburban and rural areas to properties of all
sizes — from schools and commercial buildings to hospitals, data
centers manufacturing plants and airports. ABM Industries
Incorporated, which operates through its subsidiaries, was founded
in 1909. For more information, visit www.abm.com.
Contact
Media: Chas Strong
770.262.2948
chas.strong@abm.com
Investors & Analysts: Susie Choi
212.297.9721
susie.choi@abm.com
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