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ABM’s Bundled Energy Solutions Program Provides Cost Savings For School District Improvements

Stocks in this article: ABM

ABM (NYSE:ABM), a leading provider of integrated facility solutions, announced today its ABM Building Solutions division is partnering with Southgate Community, MI Schools to help implement district-wide facility improvements funded through cost savings as a result of ABM’s Bundled Energy Solutions Program. The school district plans to reallocate $2.7 million in energy management savings to go towards critical asset modernization for eleven schools and buildings in the district.

ABM’s Bundled Energy Solutions Program has been designed as a financial solution to meet clients’ technical facility needs. ABM’s goal is to drive costs out of clients’ operating budgets in a manner that allows them to reallocate funding for other facility enhancements.

“ABM Building Solutions is proud to partner with Southgate Community Schools to not only make a difference in their district, but the community and city as well,” said Bill Vaillancourt, General Manager of ABM Building Solutions in Detroit. “Improvements will be made to each school within the district to ensure they are all operating at optimal conditions, saving tax dollars, and providing highly efficient learning environments.”

The improvement project, which began in April 2012 and is scheduled to conclude in February 2013, is entirely self-funded and does not require any additional tax burden on the Southgate community or future borrowing capacity of the district. The project will be implemented in three phases, with the first phase expected to be completed by September to coincide with the new school year. The wide range of upgrades will include new high efficiency boilers and lighting, weatherstripping and air-sealing the windows and doors, new demand controlled ventilation and retro-commissioning the HVAC systems.

“As a deficit school district, we look for the best ways to stay financially viable while trying to address the continuous needs of our district,” explained Dan Phillips, Director of Business and Finance for Southgate Community Schools. “Some of the needs that had not received adequate attention were those of energy savings and capital outlay pertaining to district lighting, doors, windows, roofing, and most notably, HVAC. When ABM introduced the project to the district last fall, it seemed like an obvious ‘yes’ for all of us. After speaking with other school districts that have utilized the services of ABM Building Solutions in the past, we began the process. We were all pleasantly surprised at the level of upgrades we could receive with a guaranteed savings from the reduction of our energy consumption.”

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