Full Title: Resource for Auditing Energy Saving Performance Contracts (ESPC)
Author(s): Christine Walker and Tom Hattery
Publisher(s): U.S. Department of Energy
Publication Date: February 7, 2024
Full Text: Download Resource
Description (excerpt):
The objective of this document is to assist auditors and evaluators in preparing comprehensive audits of energy saving performance contract (ESPC) projects. ESPCs are flexible performance-based contracts used by federal agencies to carry out a wide variety of projects. Every agency has a unique mission, distinct facilities, varied locations, different potential size of project, diverse utility market, and more. Evaluating a specific ESPC project requires an understanding of these unique characteristics and knowledge of contract terms and specific FEMP guidance in effect at the time of TO award.
This document provides a program history, guidance and contract references for each generation of DOE’s ESPC IDIQ contract awarded as of the date of issuance of this guide. It includes observations and issues identified in Government Accountability Office (GAO) reports and Inspector General audit reports across several agencies over the last 15 years. As guidance evolves, periodic updates will be provided in the format of a “living” response to items identified in audit reports on the FEMP website. FEMP is available to assist auditors with a wide range of issues (e.g., determining if guaranteed savings have been achieved, when guidance applies).