District Ends Honeywell M&V Reporting to Save Costs
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Description
East Islip UFSD modified its existing Energy Performance Contract with Honeywell, Inc. by canceling the Annual Measurement and Verification Report effective April 2025, a move expected to save approximately $259,000 over the remaining 14-year term while maintaining guaranteed energy savings. The underlying 18-year contract, approved in 2016, remains in force.
Contract Details
Contract Amount
Approximately $259,000 in avoided future Measurement and Verification costs
Vendor
HONEYWELL INC
Agency
East Islip Union Free School District, NY
Contract Type
OTHER
Document Date
January 8, 2026
Contract Term
Energy Performance Contract with 18-year term; remaining 14 years as of action
Renewal Info
Energy Performance Contract approved October 13, 2016 for an 18-year term with annual M&V reporting; as of October 8, 2024, the Board authorized discontinuation of the M&V report effective April 2025 for the remaining 14 years, without altering the core contract term.
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