Federal Energy Management Program Reviewing Energy Performance Contracts for Price Reasonableness
This training presents analysis techniques to assist with fair and reasonable price determinations in federal energy performance contracts (EPCs). It reflects the experiences, lessons learned, and best practices of agencies using the Department of Energy (DOE) energy savings performance contract indefinite-delivery, indefinite-quantity contracts and federal utility energy service contract projects, as documented by the Federal Energy Management Program (FEMP).
The responsibility to ensure that the government pays fair and reasonable prices for the goods and services it buys is critical in EPCs, where the procurement is usually financed over time. There are several elements that require review in determining price reasonableness, which will be covered during the training.
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