District Plans $6.9M Energy Services Deal with ABM
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Description
Lompoc Unified is proposing to enter a $6.94 million, 20-year energy services agreement with ABM Building Solutions LLC to design, install, and commission districtwide energy conservation measures financed through a tax-exempt equipment lease-purchase. The project is expected to generate significant energy savings and federal tax incentives.
Contract Details
Contract Amount
$6,943,323
Vendor
ABM BUILDING SOLUTIONS LLC
Agency
Lompoc Unified, CA
Contract Type
CONSTRUCTION
Document Date
April 21, 2026
Contract Term
20-year tax-exempt equipment lease-purchase
Renewal Date
2046-04-21
Renewal Info
Energy services agreement funded via a 20-year lease-purchase; renewals would relate to equipment life or extended services beyond the initial financing term.
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Lompoc Unified School District Regular Board Meeting Agenda 2026-05-19
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