Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
ESCO firm ABM briefs Utica City Council on guaranteed energy-savings model and memorandum of understanding
Summary
ABM Infrastructure Solutions presented an energy-savings (ESCO) financing model to Utica City Council and offered a no-cost site assessment under a memorandum of understanding; council asked the city attorney to review the proposed MOU and placed the item on the next agenda for potential action.
ABM Infrastructure Solutions presented to the Utica City Council on a guaranteed energy‑savings contracting model and proposed a nonbinding memorandum of understanding to allow ABM to inspect municipal buildings for potential upgrades.
Tony Murray, an ABM representative, told council the company performs turnkey “ESCO” projects that convert verified energy and operational savings into capital to pay for infrastructure work. Murray said ABM’s examples showed typical energy savings of about 20–25 percent in preliminary estimates and described a sample calculation in which $160,000 in…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
