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District receives favorable EPC bid, plans October financing close and RENEW work to start
Summary
Staff reported a below‑expected EPC bid (about 3.74%), an Oct. 16 financing close and an immediate start for RENEW energy work; financing will be with TD Bank and the EPC vendor intends to order equipment after closing.
At the Port Washington Union Free School District budget and facilities committee meeting, staff reported progress on the district’s energy performance contract (EPC) and related RENEW energy projects.
Kathy, staff member, told the committee that the district issued an RFP and received bids at a rate the district described as favorable, "I believe it was 3.74%," and that the district…
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