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Option Detail

Please find below Option Detail information.
Name
2955 - Energy saving performance contract


Definition
An agreement with a third party in which the overall performance of installed energy conservation measures is guaranteed by that party. A type of contract in which the contractor guarantees to meet certain standards for lighting, space conditioning (temperature and humidity), and other services over a period of time at a guaranteed price.


Related Elements
Finance Options
 
Option Code
2955


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