"Maximizing Financial and Operating Benefits of a Comprehensive Central Pla"
Author: Bhan, Chander
Published In: Facilities Manager
Date: January/February 2001
Begins with the value proposition that most central plants will produce more reliable service at a lower cost if all aspects of plant operation and maintenance are managed by an enterprise that has economic incentives to make the most cost-effective capital and operating decisions. Discusses the rationale behind this proposition, its application on campus, and contracts between plant owners and energy services companies. A sidebar describes the Energy Services Coalition, a national nonprofit organization working to increase energy efficiency and building upgrades through energy savings performance contracting.
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