Town of Norton Awards Construction Contract to Trane Inc (June 2021)
- Disclosed value
- $11,997,403.00 (Total Maximum Contract Value / Agreement Price); plus $2,490,221.60 in Performance Period Fees over 20 years (Total Costs & Fees $14,487,624.60)
- From agreement
- Approved
- Jun 14, 2021
The 30-second brief
Norton Public Schools entered into a 20‑year guaranteed energy savings contract with Trane Inc. to design and construct comprehensive energy conservation, HVAC, controls, solar PV, and water conservation upgrades across all district schools. The agreement has a total install price of $11,997,403 plus $2,490,221.60 in performance period fees, and includes ongoing measurement, verification, and maintenance services tied to guaranteed energy savings.
Trane Inc holds this construction contract with Town of Norton. Its other public contracts on record include work for Warren County and Borough of Haledon.
Term as filed: 20 years from Commencement Date (Final Completion + up to 20-year guarantee term); Agreement terminates 20 years after Acceptance and Final Completion.
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Contract details
- Contract type
- Construction
- Amount
- $11,997,403.00 (Total Maximum Contract Value / Agreement Price); plus $2,490,221.60 in Performance Period Fees over 20 years (Total Costs & Fees $14,487,624.60)
- Document date
- June 14, 2021
- Term
- 20 years from Commencement Date (Final Completion + up to 20-year guarantee term); Agreement terminates 20 years after Acceptance and Final Completion
- Vendor
- Trane Inc
- Agency
- Town of Norton
- Source document
- norton_public_schools_energy_management_services_a.pdf (Agreement)
Trane Inc's other public contracts
More Town of Norton contracts
Questions about this contract
Who was awarded the construction contract by Town of Norton?
Trane Inc was awarded this construction contract by Town of Norton, as recorded on June 14, 2021. The contract value is $11,997,403.00 (Total Maximum Contract Value / Agreement Price); plus $2,490,221.60 in Performance Period Fees over 20 years (Total Costs & Fees $14,487,624.60).
How much is the Trane Inc contract with Town of Norton worth?
The Trane Inc contract with Town of Norton is valued at $11,997,403.00 (Total Maximum Contract Value / Agreement Price); plus $2,490,221.60 in Performance Period Fees over 20 years (Total Costs & Fees $14,487,624.60), covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agreement record.
Where was this contract approved?
This contract appears in norton_public_schools_energy_management_services_a.pdf (Agreement), dated June 14, 2021 from Town of Norton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Trane Inc hold?
Trane Inc 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 Town of Norton currently buying?
Explore Town of Norton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.