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Vicinity Energy presents revised heating/cooling contracts; board requests edits and receives report
Summary
Vicinity Energy briefed the PBA on proposed contracts for steam and chilled-water service to the annex and criminal justice buildings, explaining capacity charges, a new water charge and a $24,000 annex credit; the board received the report and asked staff to return a revised contract this week.
Vicinity Energy representatives briefed the Public Building Authority on proposed contracts to provide chilled water and steam to the county’s annex and criminal justice buildings. Todd Lewis, a Vicinity representative, explained changes to pricing and contract terms and answered board questions; the board received the report and requested a revised contract.
"The cost of fuel is a pass through in these contracts," Todd Lewis said, describing how gas prices are fed into the billing formula. He told the board that usage is generally flat year to year and that fuel-price fluctuations drive most bill variation.…
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