The US Army Corps of Engineers selected Siemens Government Technologies to hold an energy savings performance contract (ESPC) that gives the company the opportunity to bid on the design, construction and operation of a variety of energy savings projects across the US Government.
The cost of any projects subsequently won by Siemens will be funded by the energy savings derived from the conservation measures Siemens implements. Siemens also guarantees the savings.
Though the Army Corps of Engineers will hold the contract, all federal agencies will be able to use this vehicle to seek industry help to achieve their own energy and cost savings. Other federal agencies currently using ESPCs range from the Departments of Defense and Energy to the General Services Administration and National Park Service.