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  • FPCC Response to GAO Report 15-432:  Energy Savings Performance Contracts: Additional Action needed to Improve Federal Oversight

    FOR IMMEDIATE RELEASE

    June 25, 2015

    FPCC Response to GAO Report 15-432:  Energy Savings Performance Contracts: Additional Action needed to Improve Federal Oversight

    The Federal Performance Contracting Coalition welcomes opportunities to strengthen

    government management of the Federal ESPC program

    WASHINGTON, DC—Today, the Federal Performance Contracting Coalition (FPCC) released the following statement and summary information in response to the June 2015 Government Accountability Office (GAO) report titled “Energy Savings Performance Contracts, Additional Actions Needed to Improve Government Oversight”:

    GAO reviewed 20 projects of 530 projects awarded during 1995-2014, which represents a 3.7 % sampling. GAO stated that the findings are non-generalizable data. DOE in its response to GAO, reported that “the benefits to the federal government have been significant” and that  “considering only the DOE IDIQ ESPC contract, investment in energy efficiency projects has exceeded $3.4 billion with cumulative savings of more than $8.5 billion.”