Cleveland Municipal Schools Awards Professional Services Contract to Cenergistic LLC (November 2019)
Cleveland Municipal SchoolsSchool · Cleveland, OH- Disclosed value
- Performance-based fees equal to 50% of monthly Total Savings for 60 months; additional contingent fees equal to 50% of any utility refunds or credits; Work Fee schedule including $393,600 plus $700/day per on-site employee if terminated in Year One, and other formula-based amounts in Years Two–Five
- From contract
- Approved
- Nov 15, 2019
The 30-second brief
The Cleveland Metropolitan School District entered into an energy savings contract with Cenergistic LLC effective January 1, 2020 to implement a people-driven energy conservation and management program across its facilities. Cenergistic is compensated via performance-based fees equal to 50% of verified monthly energy cost savings over five years, with additional contingent fees on utility billing refunds and a Savings Guarantee protecting the District. The agreement includes on-site energy specialists, proprietary software, detailed measurement and verification protocols, and annual fiscal-year renewal conditions.
Cenergistic LLC holds this professional services contract with Cleveland Municipal Schools. Its other public contracts on record include work for Guthrie Public Schools and Ocean County.
Term as filed: January 1, 2020 (Start Date) through due date of Performance Fee for the last month of the Fifth Performance Year (approximately 5 years), subject to annual fiscal-year renewal by District.
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Contract details
- Contract type
- Professional Services
- Amount
- Performance-based fees equal to 50% of monthly Total Savings for 60 months; additional contingent fees equal to 50% of any utility refunds or credits; Work Fee schedule including $393,600 plus $700/day per on-site employee if terminated in Year One, and other formula-based amounts in Years Two–Five
- Document date
- November 15, 2019
- Term
- January 1, 2020 (Start Date) through due date of Performance Fee for the last month of the Fifth Performance Year (approximately 5 years), subject to annual fiscal-year renewal by District
- Vendor
- Cenergistic LLC
- Source document
- cleveland-municipal-schools-contract-2019-11-15_d59.pdf (Contract)
Cenergistic LLC's other public contracts
More Cleveland Municipal Schools contracts
Questions about this contract
Who was awarded the professional services contract by Cleveland Municipal Schools?
Cenergistic LLC was awarded this professional services contract by Cleveland Municipal Schools, as recorded on November 15, 2019. The contract value is Performance-based fees equal to 50% of monthly Total Savings for 60 months; additional contingent fees equal to 50% of any utility refunds or credits; Work Fee schedule including $393,600 plus $700/day per on-site employee if terminated in Year One, and other formula-based amounts in Years Two–Five.
How much is the Cenergistic LLC contract with Cleveland Municipal Schools worth?
The Cenergistic LLC contract with Cleveland Municipal Schools is valued at Performance-based fees equal to 50% of monthly Total Savings for 60 months; additional contingent fees equal to 50% of any utility refunds or credits; Work Fee schedule including $393,600 plus $700/day per on-site employee if terminated in Year One, and other formula-based amounts in Years Two–Five, covering professional services work.
What type of contract is this?
This is a Professional Services contract, documented as a contract record.
Where was this contract approved?
This contract appears in cleveland-municipal-schools-contract-2019-11-15_d59.pdf (Contract), dated November 15, 2019 from Cleveland Municipal Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cenergistic LLC hold?
Cenergistic LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Cleveland Municipal Schools currently buying?
Explore Cleveland Municipal Schools's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.